Bill Text: IL SB1707 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Amends the Chicago Police Article of the Illinois Pension Code. Provides that a board of 9 (instead of 8) members shall constitute a board of trustees of the fund. Provides that the board shall consist of 4 persons appointed by the mayor of the city; 4 (instead of 3) policemen employed by the city, at least one of whom shall be a lieutenant (instead of a lieutenant or of a rank superior to lieutenant), one of whom shall be of the rank of sergeant, and 2 (instead of one) of whom shall be of the rank of investigator or a rank inferior to that rank; and one annuitant of the fund. Provides that any newly created elected position on the board shall be filled in the same manner as provided for vacant positions.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-02-05 - Referred to Assignments [SB1707 Detail]
Download: Illinois-2025-SB1707-Introduced.html
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| 1 | AN ACT concerning public employee benefits.
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| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
| 3 | represented in the General Assembly:
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| 4 | Section 5. The Illinois Pension Code is amended by | |||||||||||||||||||
| 5 | changing Section 5-178 as follows:
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| 6 | (40 ILCS 5/5-178) (from Ch. 108 1/2, par. 5-178) | |||||||||||||||||||
| 7 | Sec. 5-178. Board created. A board of 8 members shall | |||||||||||||||||||
| 8 | constitute a board of trustees authorized to administer the | |||||||||||||||||||
| 9 | provisions of this Article. The board shall be known as the | |||||||||||||||||||
| 10 | Retirement Board of the Policemen's Annuity and Benefit Fund | |||||||||||||||||||
| 11 | of the city. | |||||||||||||||||||
| 12 | The board shall consist of 4 persons appointed by the | |||||||||||||||||||
| 13 | mayor of the city; 4 3 policemen employed by the city, at least | |||||||||||||||||||
| 14 | one of whom shall be a lieutenant or of a rank superior to | |||||||||||||||||||
| 15 | lieutenant, one of whom shall be of the rank of sergeant, and 2 | |||||||||||||||||||
| 16 | one of whom shall be of the rank of investigator or a rank | |||||||||||||||||||
| 17 | inferior to that rank; and one annuitant of the fund, or a | |||||||||||||||||||
| 18 | pensioner of any prior police pension fund in operation, by | |||||||||||||||||||
| 19 | authority of law, in the city. Children less than age 18 shall | |||||||||||||||||||
| 20 | not be eligible for board membership. The term of office for | |||||||||||||||||||
| 21 | all members shall be 3 years. For the election to be held in | |||||||||||||||||||
| 22 | 2008 only, the terms for the member who is a lieutenant or of a | |||||||||||||||||||
| 23 | rank superior to lieutenant and the member who is a sergeant | |||||||||||||||||||
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| 1 | shall be 3 years and the terms for the member who is an | ||||||
| 2 | investigator or a rank inferior to that rank and the annuitant | ||||||
| 3 | member shall be 4 years. After the terms of the 2008 election | ||||||
| 4 | are completed, the terms revert to 3-year terms for each | ||||||
| 5 | elected trustee. Upon his election, the member holding the | ||||||
| 6 | rank of investigator or a rank inferior to that rank shall be | ||||||
| 7 | detailed by the Police Superintendent to the office of the | ||||||
| 8 | board for the duration of his or her term as trustee. | ||||||
| 9 | Any newly created elected position on the board shall be | ||||||
| 10 | filled in the same manner as provided for vacant positions | ||||||
| 11 | under Section 5-180. | ||||||
| 12 | The members of a retirement board holding office in a city | ||||||
| 13 | at the time this Article becomes effective, including elected, | ||||||
| 14 | appointed and ex officio ex-officio members, shall continue in | ||||||
| 15 | office until the expiration of their respective terms or | ||||||
| 16 | appointment and until their respective successors are elected | ||||||
| 17 | or appointed, and qualified. | ||||||
| 18 | At least 30 days prior to the expiration of the term of | ||||||
| 19 | office of each appointive member the mayor shall appoint a | ||||||
| 20 | successor for a term of 3 years. | ||||||
| 21 | The board shall conduct a regular election at least 30 | ||||||
| 22 | days prior to the expiration of the terms of the active | ||||||
| 23 | policemen members and annuitant or beneficiary members for | ||||||
| 24 | election of a successor of each such member for a term of 3 | ||||||
| 25 | years. | ||||||
| 26 | Any member of the board so appointed or elected shall | ||||||
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| 1 | continue in office until his successor is selected and has | ||||||
| 2 | qualified. | ||||||
| 3 | Any person so appointed or elected shall qualify by taking | ||||||
| 4 | an oath of office. A copy thereof shall be kept in the office | ||||||
| 5 | of the city clerk of the city. | ||||||
| 6 | (Source: P.A. 95-1036, eff. 2-17-09.) | ||||||