95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB2056


 
Introduced 2/26/2007, by Rep. Michael J. Madigan - Barbara Flynn Currie - Richard T. Bradley
 
SYNOPSIS AS INTRODUCED:
 		













40 ILCS 5/3-101
  from Ch. 108 1/2, par. 3-101








    Amends the Illinois Pension Code.  Makes a technical change in a Section
concerning downstate police.
















LRB095 01508 AMC 21510 b

















PENSION IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











HB2056

LRB095 01508 AMC 21510 b






1
    AN ACT concerning public employee benefits.

 
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    Be it enacted by the People of the State of Illinois, 
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represented in the General Assembly: 


 
4
    Section 5. The Illinois Pension Code is amended by changing 
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Section 3-101 as follows:
 



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    (40 ILCS 5/3-101)  (from Ch. 108 1/2, par. 3-101)



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    Sec. 3-101. Creation of fund. In each municipality, as 
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defined in Section 3-103, the
the city council or
the board of 
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trustees, as the case may be, shall establish and administer a

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police pension fund, as prescribed in this Article, for the

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benefit of its police officers and of their surviving spouses,

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children, and certain other dependents.
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(Source: P.A. 83-1440.)