State of Illinois
92nd General Assembly
Legislation

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92_SB1868

 
                                               LRB9215799EGfg

 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 6-101 as follows:

 6        (40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
 7        Sec.  6-101. Creation of fund.  In each city of more than
 8    500,000 inhabitants, a firemen's  annuity  and  benefit  fund
 9    shall  be created, set apart, and maintained, for the benefit
10    of its firemen, their widows, children and  parents,  and  of
11    all  contributors  to,  participants in, and beneficiaries of
12    any firemen's pension fund in operation, by authority of law,
13    in the such city immediately prior to the effective date.
14        For the purposes of this Article, the  firemen's  annuity
15    and benefit fund may be referred to as the "fund".
16    (Source: Laws 1963, p. 161.)

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