SB1068 amends the Illinois Pension Code to make a technical change in a section concerning Chicago police.
SB1068 amends the Illinois Pension Code by making a technical change in Section 5-101, which concerns the creation of a policemen's annuity and benefit fund in cities with over 500,000 inhabitants. The bill ensures the fund is maintained for the benefit of policemen, their widows and children, and all contributors, participants, and beneficiaries of any police pension fund in operation in the city.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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