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Personnel and Pensions Committee
Filed: 11/29/2010
| | 09600SB3538ham001 | | LRB096 18789 JDS 43807 a |
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| 1 | | AMENDMENT TO SENATE BILL 3538
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 3538 by replacing |
| 3 | | everything after the enacting clause with the following:
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| 4 | | "Section 5. The Illinois Pension Code is amended by |
| 5 | | changing Section 6-101 as follows:
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| 6 | | (40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
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| 7 | | Sec. 6-101. Creation of fund.
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| 8 | | In each city of more than 500,000 inhabitants, a firemen's |
| 9 | | annuity and and
benefit fund shall be created, set apart, and |
| 10 | | maintained, for the benefit
of its firemen, their widows, |
| 11 | | children and parents, and of all contributors
to, participants |
| 12 | | in, and beneficiaries of any firemen's pension fund in
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| 13 | | operation, by authority of law, in such city immediately prior |
| 14 | | to the
effective date. For the purposes of this Article, the |
| 15 | | firemen's annuity and
benefit fund may be referred to as the |
| 16 | | "fund".
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