HB1877 102ND GENERAL ASSEMBLY

LRB102 10841 RPS 16171 b

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.

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by changing Section 22C-101 as follows:

(40 ILCS 5/22C-101)

Sec. 22C-101. Establishment. The The Firefighters' Pension Investment Fund is created with authority to manage the reserves, funds, assets, securities, properties, and moneys of the firefighter pension funds created pursuant to Article 4 of this Code, all as provided in this Article.

(Source: P.A. 101-610, eff. 1-1-20.)