Bill Text: IL HB1441 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago firefighters.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2021-04-23 - Rule 19(a) / Re-referred to Rules Committee [HB1441 Detail]
Download: Illinois-2021-HB1441-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 6-101 as follows:
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| 6 | (40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
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| 7 | Sec. 6-101. Creation of fund. In each city of more than | ||||||||||||||||||||||||
| 8 | 500,000 inhabitants, a firemen's annuity and
and
benefit fund | ||||||||||||||||||||||||
| 9 | shall be created, set apart, and maintained, for the benefit
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| 10 | of its firemen, their widows, children and parents, and of all | ||||||||||||||||||||||||
| 11 | contributors
to, participants in, and beneficiaries of any | ||||||||||||||||||||||||
| 12 | firemen's pension fund in
operation, by authority of law, in | ||||||||||||||||||||||||
| 13 | such city immediately prior to the
effective date. For the | ||||||||||||||||||||||||
| 14 | purposes of this Article, the firemen's annuity and
benefit | ||||||||||||||||||||||||
| 15 | fund may be referred to as the "fund". | ||||||||||||||||||||||||
| 16 | (Source: Laws 1963, p. 161.)
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