102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB1432

 

Introduced 2/25/2021, by Sen. Dan McConchie

 

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.


LRB102 11210 RPS 16542 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB1432LRB102 11210 RPS 16542 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
5changing Section 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
12spouses, children and certain other dependents. The duty of
13the corporate 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.)