(40 ILCS 5/22-215) (from Ch. 108 1/2, par. 22-215)
Sec. 22-215.
Financing.
The Board of Trustees shall assess each member of the fire insurance
patrol not to exceed 5% of his wages or salary, which assessment shall be
uniform as to all members of the patrol. The amount so assessed shall be
deducted and withheld by the Board of Underwriters, or the committee of the
Board of Underwriters having charge of the fire insurance patrol, from the
pay of each such member of the patrol at such times as the members of the
patrol shall be paid their wages or salaries, and shall be at once paid
into the pension fund.
The Patrol Committee of the Board of Underwriters of such city, village
or incorporated town, shall also set aside and pay into such pension fund
not to exceed 10% of all moneys paid to such Board of Underwriters by
insurance companies for sustaining the fire insurance patrol. Such
percentage shall not be less than twice the percentage of the assessment
against the members of the patrol.
(Source: Laws 1963, p. 161.)
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