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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 HB4749 Introduced , by Rep. Jim Durkin SYNOPSIS AS INTRODUCED: | | 40 ILCS 5/3-101 | from Ch. 108 1/2, par. 3-101 |
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Amends the Illinois Pension Code. Makes a technical change in a Section
concerning downstate police.
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| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB4749 | | LRB099 17992 EFG 42355 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Section 3-101 as follows:
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6 | | (40 ILCS 5/3-101) (from Ch. 108 1/2, par. 3-101)
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7 | | Sec. 3-101. Creation of fund. In each municipality, as |
8 | | defined in Section 3-103, the the city council or
the board of |
9 | | trustees, as the case may be, shall establish and administer a
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10 | | police pension fund, as prescribed in this Article, for the
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11 | | benefit of its police officers and of their surviving spouses,
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12 | | children, and certain other dependents. The duty of the |
13 | | corporate authorities of a municipality to establish and |
14 | | administer a police pension fund shall be suspended during any |
15 | | period during which the fund is dissolved under Section 3-144.6 |
16 | | of this Code.
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17 | | (Source: P.A. 97-99, eff. 1-1-12.)
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