SB0677 amends the Illinois Pension Code to make a technical change in a Section concerning downstate police.
SB0677 amends the Illinois Pension Code by making a technical change in Section 3-101 concerning downstate police. The bill specifies that in each municipality, the city council or the board of trustees must establish and administer a police pension fund for the benefit of police officers and their dependents. The duty to administer the fund is suspended if the fund is dissolved. This change aims to clarify and ensure the proper administration of police pension funds in Illinois.
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.