SB0217 amends the Illinois Pension Code to make a technical change concerning the creation of a firefighters' pension fund.
SB0217 amends the Illinois Pension Code by modifying Section 4-101, which pertains to the creation of a firefighters' pension fund. The bill specifies that the city council or the board of trustees in each municipality must establish and administer this fund for the benefit of firefighters and their surviving spouses, children, and certain dependents. The change aims to clarify the administrative duties during periods when the fund is dissolved.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.