102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
HB1877

 

Introduced 2/17/2021, by Rep. Ryan Spain

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/22C-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Firefighters' Pension Investment Fund.


LRB102 10841 RPS 16171 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1877LRB102 10841 RPS 16171 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by
5changing Section 22C-101 as follows:
 
6    (40 ILCS 5/22C-101)
7    Sec. 22C-101. Establishment. The The Firefighters' Pension
8Investment Fund is created with authority to manage the
9reserves, funds, assets, securities, properties, and moneys of
10the firefighter pension funds created pursuant to Article 4 of
11this Code, all as provided in this Article.
12(Source: P.A. 101-610, eff. 1-1-20.)