(40 ILCS 5/19-201) (from Ch. 108 1/2, par. 19-201)
Sec. 19-201.
Fund - How created.
The board of directors of public libraries organized under an Act of the
General Assembly of the State of Illinois, entitled "An Act to authorize
cities, incorporated towns and townships to establish and maintain free
public libraries and reading rooms", approved and in force March 7, 1872,
and maintained thereunder in cities having a population exceeding 500,000
inhabitants shall have power and it shall be its duty to create a public
library employes' pension fund, which shall consist of amounts retained
from the salaries or wages of employes, as hereinafter provided, which
amounts shall be deducted in equal monthly installments from such salaries
or wages at the regular time or times of the payment thereof, all fees or
penalties collected for retention of books beyond the time prescribed by
rule of the board of directors by virtue of by-laws, rules and regulations
adopted under authority of Section 5 of the Act herein referred to by its
title and such other moneys derived from miscellaneous sources as the
board of directors shall determine.
(Source: Laws 1963, p. 161.)
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