Illinois HB1297 amends the Illinois Pension Code to clarify the suspension of pension fund administration duties during dissolution.
Illinois HB1297 amends the Illinois Pension Code to specify that the duty of corporate authorities to establish and administer a firefighters' pension fund is suspended during any period the fund is dissolved. This technical change ensures clarity in the administration of pension funds for firefighters in Illinois.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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