Bill Text: IL HB0700 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate police.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2025-05-31 - Rule 19(a) / Re-referred to Rules Committee [HB0700 Detail]
Download: Illinois-2025-HB0700-Introduced.html
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| 1 | AN ACT concerning public employee benefits.
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| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
| 3 | represented in the General Assembly:
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| 4 | Section 5. The Illinois Pension Code is amended by | |||||||||||||||||||
| 5 | changing Section 3-101 as follows:
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| 6 | (40 ILCS 5/3-101) (from Ch. 108 1/2, par. 3-101) | |||||||||||||||||||
| 7 | Sec. 3-101. Creation of fund. In each municipality, as | |||||||||||||||||||
| 8 | defined in Section 3-103, the the city council or the board of | |||||||||||||||||||
| 9 | trustees, as the case may be, shall establish and administer a | |||||||||||||||||||
| 10 | police pension fund, as prescribed in this Article, for the | |||||||||||||||||||
| 11 | benefit of its police officers and of their surviving spouses, | |||||||||||||||||||
| 12 | children, and certain other dependents. The duty of the | |||||||||||||||||||
| 13 | corporate authorities of a municipality to establish and | |||||||||||||||||||
| 14 | administer a police pension fund shall be suspended during any | |||||||||||||||||||
| 15 | period during which the fund is dissolved under Section | |||||||||||||||||||
| 16 | 3-144.6 of this Code. | |||||||||||||||||||
| 17 | (Source: P.A. 97-99, eff. 1-1-12.) | |||||||||||||||||||
