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| | 101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020 HB5310 Introduced , by Rep. Dan Ugaste SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/3-103 | from Ch. 108 1/2, par. 3-103 | 40 ILCS 5/4-103 | from Ch. 108 1/2, par. 4-103 |
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Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. In the definition of "municipality", adds a requirement that, for a fund established on or after the effective date of the amendatory Act, the governing body of the city, village, incorporated town, or fire protection district must have adopted a resolution or ordinance authorizing the establishment of a fund under the Article. Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | | PENSION IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | HB5310 | | LRB101 20492 RPS 70085 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,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Sections 3-103 and 4-103 as follows:
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6 | | (40 ILCS 5/3-103) (from Ch. 108 1/2, par. 3-103)
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7 | | Sec. 3-103. Municipality. "Municipality": (1) Any city, |
8 | | village or incorporated town : (A) with of 5,000
or more but |
9 | | less than 500,000 inhabitants,
as determined from the United
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10 | | States Government statistics or a census taken at any time by |
11 | | the city,
village or incorporated town , and (B) for a fund |
12 | | established on or after the effective date of this amendatory |
13 | | Act of the 101st General Assembly, the governing body of which |
14 | | has adopted a resolution or ordinance authorizing the |
15 | | establishment of a fund under this Article; and (2) any city, |
16 | | village or incorporated
town of
less than 5,000 inhabitants |
17 | | which, by referendum held under Section 3-145
adopts this |
18 | | Article.
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19 | | (Source: P.A. 83-1440.)
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20 | | (40 ILCS 5/4-103) (from Ch. 108 1/2, par. 4-103)
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21 | | Sec. 4-103. Municipality. "Municipality": (1) Any city, |
22 | | township, village or incorporated town : (A) with
of 5,000 or |