State of Illinois
92nd General Assembly
Legislation

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[ Introduced ][ Enrolled ][ Senate Amendment 003 ]

92_HB5168eng

 
HB5168 Engrossed                               LRB9212225EGfg

 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 5-101 as follows:

 6        (40 ILCS 5/5-101) (from Ch. 108 1/2, par. 5-101)
 7        Sec.  5-101. Creation of fund.  In each city of more than
 8    500,000 inhabitants, a policemen's annuity and  benefit  fund
 9    shall  be  created  and  maintained  for  the  benefit of its
10    policemen, their widows and children, and of all contributors
11    to, participants in, and beneficiaries of any police  pension
12    fund  in  operation,  by  authority  of law, in the such city
13    immediately prior to the effective date.
14        For the purposes of this Article, the policemen's annuity
15    and benefit fund may be referred to as the "fund". "fund."
16    (Source: Laws 1963, p. 161.)

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