(40 ILCS 5/4-101)
(from Ch. 108 1/2, par. 4-101)
Creation of fund.
In each municipality as defined in Section 4-103, the city council or
the board of trustees, as the case may be, shall establish and administer
a firefighters' pension fund as
prescribed in this Article, for the
benefit of its firefighters
and of their surviving spouses,
children and certain other dependents. The duty of the corporate authorities of a municipality to establish and administer a firefighters' pension fund shall be suspended during any period during which the fund is dissolved under subsection (c) of Section 4-106.1 of this Code.
(Source: P.A. 97-99, eff. 1-1-12.)