HB2703 amends the Illinois Pension Code to make a technical change in a section concerning Chicago firefighters.
HB2703 amends the Illinois Pension Code by making a technical change in Section 6-101, which concerns the creation of a firemen's annuity and benefit fund for cities with more than 500,000 inhabitants. This change specifically affects Chicago firefighters and their beneficiaries. The bill ensures the fund is set apart and maintained for the benefit of firemen, their widows, children, parents, and all contributors to, participants in, and beneficiaries of any firemen's pension fund in operation.
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- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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