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92_HB4514
LRB9215742EGfg
1 AN ACT in relation to public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by
5 changing Section 8-101 as follows:
6 (40 ILCS 5/8-101) (from Ch. 108 1/2, par. 8-101)
7 Sec. 8-101. Creation of fund. In each city of more than
8 500,000 inhabitants, a Municipal Employees', Officers', and
9 Officials' Annuity and Benefit Fund shall be created, set
10 apart, maintained and administered, in the manner prescribed
11 in this Article, for the benefit of the employees, officers
12 and officials herein designated in this Article, and their
13 beneficiaries.
14 (Source: Laws 1963, p. 161.)