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| Public Act 101-0096 | ||||
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AN ACT concerning public employee benefits.
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Be it enacted by the People of the State of Illinois,
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represented in the General Assembly:
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Section 5. The Illinois Pension Code is amended by changing | ||||
Section 6-174 as follows:
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(40 ILCS 5/6-174) (from Ch. 108 1/2, par. 6-174)
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Sec. 6-174. Board created. A board of 8 members shall | ||||
constitute a
board of trustees authorized to administer the | ||||
provisions of this Article.
The board shall be known as the | ||||
Retirement Board of the Firemen's Annuity
and Benefit Fund of | ||||
the city.
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The board shall consist of the city treasurer, the city | ||||
comptroller, the
city clerk, a deputy fire commissioner | ||||
designated by the fire commissioner
of the city, 3 firemen | ||||
employed by the city, and 1 annuitant of the fund or
a fireman | ||||
pensioner of any prior firemen's pension fund in operation, by
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authority of law, in the city. Children less than age 18 shall | ||||
not be
eligible for membership.
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The members of a retirement board holding office at the | ||||
time this
Article becomes effective, including elected and ex | ||||
officio members, shall
continue in office until the expiration | ||||
of their respective terms or
appointment and until their | ||||
respective successors are elected or appointed,
and qualified.
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In a city which first attains a population of over 500,000 | ||
and comes
under the provisions of this Article, the active | ||
firemen members of the
board of trustees of any firemen's | ||
pension fund then in effect in such city
and the member of such | ||
board who was chosen from the retired members of
such fund | ||
shall become members of the board as follows:
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(a) The active fireman member for whom the highest number | ||
of votes was
cast and counted at the most recent election for | ||
board members shall become
a member of the retirement board for | ||
a term which shall end on December 1st
of the third year after | ||
the year in which this Article comes into force in
the city; | ||
the member of the board for whom the second highest number of
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votes was cast and counted at such election shall become a | ||
member of the
retirement board for a term which shall end on | ||
December 1st of the second
year after the year in which this | ||
Article comes into force in the city; and
the member of the | ||
board for whom the third highest number of votes was cast
and | ||
counted at such election shall become a member of the | ||
retirement board
for a term which shall end on December 1st of | ||
the first year after the year
in which this Article comes into | ||
force in the city.
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(b) The annuitant member of the pension fund shall become a | ||
member of
the board for a term which shall end on December 1st | ||
of the second year
after the year in which this Article comes | ||
into force in the city.
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The board shall conduct regular elections annually, at | ||
least 30 days
prior to the expiration of the term of the active | ||
fireman member of the
board whose term next expires, for the | ||
election of a successor for a term
of 3 years. The board also | ||
shall conduct regular elections biennially, at
least 30 days | ||
prior to the expiration of the term of the member who is a
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pensioner of any pension fund formerly in effect in such city | ||
or an
annuitant of the annuity and benefit fund herein | ||
provided, for the election
of a successor to such member for a | ||
term of 3 2 years.
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Any member of the board, elected as aforesaid, shall | ||
continue in office
until his successor is elected and | ||
qualified.
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Each member of the board, before entering upon the duties | ||
of his office,
shall take the oath prescribed by the | ||
Constitution of this State, which
oath shall be filed in the | ||
office of the city clerk of the city.
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(Source: P.A. 86-273.)
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Section 99. Effective date. This Act takes effect upon | ||
becoming law.
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