98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB0408

Introduced , by Rep. Michael J. Madigan

SYNOPSIS AS INTRODUCED:
40 ILCS 5/6-101 from Ch. 108 1/2, par. 6-101

Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago firefighters.
LRB098 03232 JDS 33247 b
PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

HB0408LRB098 03232 JDS 33247 b
1 AN ACT concerning public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by changing
5Section 6-101 as follows:
6 (40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
7 Sec. 6-101. Creation of fund.
8 In each city of more than 500,000 inhabitants, a firemen's
9annuity and and benefit fund shall be created, set apart, and
10maintained, for the benefit of its firemen, their widows,
11children and parents, and of all contributors to, participants
12in, and beneficiaries of any firemen's pension fund in
13operation, by authority of law, in such city immediately prior
14to the effective date. For the purposes of this Article, the
15firemen's annuity and benefit fund may be referred to as the
16"fund".
17(Source: Laws 1963, p. 161.)