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92_HB4237 LRB9213974EGfg 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 Sections 5-178 and 5-179 as follows: 6 (40 ILCS 5/5-178) (from Ch. 108 1/2, par. 5-178) 7 Sec. 5-178. Board created. A board of 8 members shall 8 constitute a board of trustees authorized to administer the 9 provisions of this Article. The board shall be known as the 10 Retirement Board of the Policemen's Annuity and Benefit Fund 11 of the city. 12 The board shall consist of 4 persons appointed by the 13 mayor of the city; 3 policemen employed by the city, at least 14 one of whom shall be a lieutenant or of a rank superior to 15 lieutenant, one of whom shall be of the rank of sergeant, and 16 one of whom shall be of the rank of investigator or a rank 17 inferior to that rank; and one annuitant of the fund, or a 18 pensioner of any prior police pension fund in operation, by 19 authority of law, in the city. Children less than age 18 20 shall not be eligible for board membership. The term of 21 office for all members shall be 3 years. Upon
hiselection, 22 any themember holding the rank of investigator or a rank 23 inferior to that rank shall be detailed by the Police 24 Superintendent to the office of the board for the duration of 25 his or her term as trustee. 26 The members of a retirement board holding office in a27 city at the time this Article becomes effective, including28 elected, appointed and ex-officio members, shall continue in29 office until the expiration of their respective terms or30 appointment and until their respective successors are elected31 or appointed, and qualified.-2- LRB9213974EGfg 1 At least 30 days prior to the expiration of the term of 2 office of each appointive member the mayor shall appoint a 3 successor for a term of 3 years. 4 The board shall conduct a regular election at least 30 5 days prior to the expiration of the term of each elected 6 member, to elect that member's successor terms of the active7 policemen members and annuitant or beneficiary members for8 election of a successor of each such member for a term of 39 years. 10 Any member of the board so appointed or elected shall 11 continue in office until a hissuccessor is selected and has 12 qualified. 13 Any person so appointed or elected shall qualify by 14 taking an oath of office. A copy thereof shall be kept in 15 the office of the city clerk of the city. 16 (Source: P.A. 86-273.) 17 (40 ILCS 5/5-179) (from Ch. 108 1/2, par. 5-179) 18 Sec. 5-179. Board elections. The regular elections for 19 members of the board shall be held under rules of the board 20 at least 30 days prior to the expiration of the term of 21 office of any elective member. 22 At any election for active policemen members, all such23 policemen of the appropriate rankemployed by the city when 24 the election is held have a right to vote for all active 25 police officer positions on the board, regardless of rank for26 members of the board of the same class of rank. 27 At any election for the pensioner or annuitant member, 28 all annuitants and pensioners (except children less than age 29 18) and the legal guardian of any child annuitant or child 30 pensioner, whose mother or stepmother is not an annuitant or 31 pensioner of the fund, shall have a right to vote. 32 Ballots to be cast in such elections shall be of a secret 33 character. -3- LRB9213974EGfg 1 (Source: P.A. 80-671.) 2 Section 99. Effective date. This Act takes effect upon 3 becoming law.
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