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92_HB3762
LRB9211833EGfg
1 AN ACT in relation to 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
5 changing Section 3-101 as follows:
6 (40 ILCS 5/3-101) (from Ch. 108 1/2, par. 3-101)
7 Sec. 3-101. Creation of pension fund. In each
8 municipality, as defined in Section 3-103, the city council
9 or the board of trustees, as the case may be, shall establish
10 and administer a police pension fund, as prescribed in this
11 Article, for the benefit of its police officers and of their
12 surviving spouses, children, and certain other dependents.
13 (Source: P.A. 83-1440.)
14 Section 99. Effective date. This Act takes effect upon
15 becoming law.