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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5767
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED:
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40 ILCS 5/6-101 |
from Ch. 108 1/2, par. 6-101 |
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Amends the Illinois Pension Code. Makes a technical change in a Section
concerning Chicago firefighters.
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| PENSION IMPACT NOTE ACT MAY APPLY | |
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A BILL FOR
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HB5767 |
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LRB093 17278 LRD 42944 b |
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| AN ACT in relation to pensions.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Illinois Pension Code is amended by changing |
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| Section 6-101 as
follows:
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| (40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
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| Sec. 6-101. Creation of fund. In each city of more than |
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| 500,000 inhabitants,
a firemen's annuity and
benefit fund shall |
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| be created, set apart, and maintained, for the benefit
of its |
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| firemen, their widows, children and parents, and of all |
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| contributors
to, participants in, and beneficiaries of any |
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| firemen's pension fund in
operation, by authority of law, in |
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| the
such city immediately prior to
the
effective date. For the |
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| purposes of this Article, the firemen's annuity and
benefit |
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| fund may be referred to as the "fund".
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| (Source: Laws 1963, p. 161.)
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