Bill Text: IL HB1877 | 2021-2022 | 102nd General Assembly | Introduced

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Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Firefighters' Pension Investment Fund.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2021-03-27 - Rule 19(a) / Re-referred to Rules Committee [HB1877 Detail]

Download: Illinois-2021-HB1877-Introduced.html

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102ND GENERAL ASSEMBLY State of Illinois 2021 and 2022 HB1877 Introduced , by Rep. Ryan Spain SYNOPSIS AS INTRODUCED:
40 ILCS 5/22C-101
Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Firefighters' Pension Investment Fund.
LRB102 10841 RPS 16171 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB1877 LRB102 10841 RPS 16171 b
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Pension Code is amended by
changing Section 22C-101 as follows:
(40 ILCS 5/22C-101)
Sec. 22C-101. Establishment. The The Firefighters' Pension
Investment Fund is created with authority to manage the
reserves, funds, assets, securities, properties, and moneys of
the firefighter pension funds created pursuant to Article 4 of
this Code, all as provided in this Article.
(Source: P.A. 101-610, eff. 1-1-20.)