(40 ILCS 5/8-123) (from Ch. 108 1/2, par. 8-123)
Sec. 8-123.
Municipal pension fund.
"Municipal pension fund": Any pension fund created and operated under
"An Act to provide for the formation and disbursements of a pension fund in
cities, villages and incorporated towns having a population exceeding
100,000 inhabitants for municipal employees appointed to their positions,
under and by virtue of an Act entitled, 'An Act to regulate the civil
service of cities', approved and in force March 20, 1895, and for those
who are appointed prior to the passage of said Act and who are now in the
service of such city, village or town", approved May 31, 1911, as
amended, or under "An Act to provide for the formation and disbursement
of a public school employees' pension fund in cities having a population
exceeding one hundred thousand inhabitants", approved May 15, 1903, as
amended.
(Source: Laws 1963, p. 161.)
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