Bill Text: IL SB0368 | 2017-2018 | 100th General Assembly | Introduced


Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate firefighters.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2017-05-31 - Senate Floor Amendment No. 1 Referred to Assignments [SB0368 Detail]

Download: Illinois-2017-SB0368-Introduced.html


100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB0368

Introduced 1/24/2017, by Sen. John J. Cullerton

SYNOPSIS AS INTRODUCED:
40 ILCS 5/4-101 from Ch. 108 1/2, par. 4-101

Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate firefighters.
LRB100 05076 RPS 15086 b
PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

SB0368LRB100 05076 RPS 15086 b
1 AN ACT concerning public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by changing
5Section 4-101 as follows:
6 (40 ILCS 5/4-101) (from Ch. 108 1/2, par. 4-101)
7 Sec. 4-101. Creation of fund. In each municipality as
8defined in Section 4-103, the the city council or the board of
9trustees, as the case may be, shall establish and administer a
10firefighters' pension fund as prescribed in this Article, for
11the benefit of its firefighters and of their surviving spouses,
12children and certain other dependents. The duty of the
13corporate authorities of a municipality to establish and
14administer a firefighters' pension fund shall be suspended
15during any period during which the fund is dissolved under
16subsection (c) of Section 4-106.1 of this Code.
17(Source: P.A. 97-99, eff. 1-1-12.)
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