Bill Text: IL HB0408 | 2013-2014 | 98th General Assembly | Amended
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago firefighters.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2014-12-03 - Session Sine Die [HB0408 Detail]
Download: Illinois-2013-HB0408-Amended.html
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1 | AMENDMENT TO HOUSE BILL 408
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2 | AMENDMENT NO. ______. Amend House Bill 408 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 6-188 as follows:
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6 | (40 ILCS 5/6-188) (from Ch. 108 1/2, par. 6-188)
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7 | Sec. 6-188. To submit annual report to city council.
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8 | To submit a report annually in June to the city council. | ||||||
9 | The report
shall be made as of the close of business on | ||||||
10 | December 31st of the preceding
year, and shall contain a | ||||||
11 | detailed statement of the affairs of the fund,
its income and | ||||||
12 | disbursements for such year, its assets and liabilities, the | ||||||
13 | amount of revenue needed from all sources to fund those | ||||||
14 | liabilities, and
the status of the fund reserves.
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15 | (Source: Laws 1963, p. 161.)".
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