96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB0555


 
Introduced 2/6/2009, by Sen. John J. Cullerton
 
SYNOPSIS AS INTRODUCED:
 		













40 ILCS 5/6-101
  from Ch. 108 1/2, par. 6-101







    Amends the Illinois Pension Code. Makes a technical change in a Section
concerning Chicago firefighters.
















LRB096 06594 AMC 16678 b

















PENSION IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 











SB0555

LRB096 06594 AMC 16678 b






1
    AN ACT concerning 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 changing 
5
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
and
benefit fund 
9
shall be created, set apart, and maintained, for the benefit
of 
10
its firemen, their widows, children and parents, and of all 
11
contributors
to, participants in, and beneficiaries of any 
12
firemen's pension fund in
operation, by authority of law, in 
13
such city immediately prior to the
effective date. For the 
14
purposes of this Article, the firemen's annuity and
benefit 
15
fund may be referred to as the "fund".
16
(Source: Laws 1963, p. 161.)