Bill Text: IL HB3185 | 2009-2010 | 96th General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago police.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2009-04-03 - Rule 19(a) / Re-referred to Rules Committee [HB3185 Detail]
Download: Illinois-2009-HB3185-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 changing | ||||||||||||||||||||||||
| 5 | Section 5-101 as follows:
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| 6 | (40 ILCS 5/5-101) (from Ch. 108 1/2, par. 5-101)
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| 7 | Sec. 5-101. Creation of fund. In each city of more than | ||||||||||||||||||||||||
| 8 | 500,000 inhabitants a policemen's annuity and
and
benefit fund | ||||||||||||||||||||||||
| 9 | shall be created and maintained for the benefit of its
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| 10 | policemen, their widows and children, and of all contributors | ||||||||||||||||||||||||
| 11 | to,
participants in, and beneficiaries of any police pension | ||||||||||||||||||||||||
| 12 | fund in operation,
by authority of law, in such city | ||||||||||||||||||||||||
| 13 | immediately prior to the effective date.
For the purposes of | ||||||||||||||||||||||||
| 14 | this Article, the policemen's annuity and benefit fund
may be | ||||||||||||||||||||||||
| 15 | referred to as the "fund." | ||||||||||||||||||||||||
| 16 | (Source: Laws 1963, p. 161.)
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