State of Illinois
92nd General Assembly
Legislation

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92_HB5181

 
                                               LRB9212230EGfg

 1        AN ACT in relation to public employee benefits.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section 5.  The  Illinois  Pension  Code  is  amended  by
 5    changing Section 8-101 as follows:

 6        (40 ILCS 5/8-101) (from Ch. 108 1/2, par. 8-101)
 7        Sec.  8-101. Creation of fund.  In each city of more than
 8    500,000 inhabitants, a Municipal Employees',  Officers',  and
 9    Officials'  Annuity  and  Benefit  Fund shall be created, set
10    apart, maintained and administered, in the manner  prescribed
11    in  this  Article, for the benefit of the employees, officers
12    and officials herein designated in this  Article,  and  their
13    beneficiaries.
14    (Source: Laws 1963, p. 161.)

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