Bill Text: IL SB3613 | 2019-2020 | 101st General Assembly | Introduced

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

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2021-01-13 - Session Sine Die [SB3613 Detail]

Download: Illinois-2019-SB3613-Introduced.html

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101ST GENERAL ASSEMBLY State of Illinois 2019 and 2020 SB3613 Introduced 2/13/2020, by Sen. Bill Cunningham SYNOPSIS AS INTRODUCED:
40 ILCS 5/6-101 from Ch. 108 1/2, par. 6-101
Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago firefighters.
LRB101 20565 RPS 70184 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
SB3613 LRB101 20565 RPS 70184 b
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Pension Code is amended by changing
Section 6-101 as follows:
(40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
Sec. 6-101. Creation of fund. In each city of more than
500,000 inhabitants, a firemen's annuity and and benefit fund
shall be created, set apart, and maintained, for the benefit of
its firemen, their widows, children and parents, and of all
contributors to, participants in, and beneficiaries of any
firemen's pension fund in operation, by authority of law, in
such city immediately prior to the effective date. For the
purposes of this Article, the firemen's annuity and benefit
fund may be referred to as the "fund".
(Source: Laws 1963, p. 161.)