96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB3537

 

Introduced 2/10/2010, by Sen. Kwame Raoul

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/12-190.3   from Ch. 108 1/2, par. 12-190.3

    Amends the Chicago Park District Article of the Illinois Pension Code. Provides that none of the benefits provided for in the Article shall be paid to any person who is convicted of any misdemeanor or felony relating to or arising out of or in connection with any attempt to defraud the Fund. Provides that the provisions related to fraud shall not operate to impair any contract or vested right previously acquired under any law or laws continued in the Article, nor to preclude the right to a refund.


LRB096 18785 AMC 34170 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB3537 LRB096 18785 AMC 34170 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 12-190.3 as follows:
 
6     (40 ILCS 5/12-190.3)  (from Ch. 108 1/2, par. 12-190.3)
7     Sec. 12-190.3. Fraud. Any person who knowingly makes any
8 false statement or falsifies or permits to be falsified any
9 record of this Fund in any attempt to defraud the Fund is
10 guilty of a Class A misdemeanor.
11     None of the benefits provided for in this Article shall be
12 paid to any person who is convicted of any misdemeanor or
13 felony relating to or arising out of or in connection with any
14 attempt to defraud the Fund.
15     This Section shall not operate to impair any contract or
16 vested right previously acquired under any law or laws
17 continued in this Article, nor to preclude the right to a
18 refund.
19 (Source: P.A. 86-1488.)