reglab/housing_qa huggingface dataset:
40 ILCS 5/4-116
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-116)Sec. 4-116.     Refund.     A firefighter with less than 20 years of service  who (1) resigns or is  discharged, or has been involuntarily laid off for other than  disciplinary reasons for more than 180 calendar days, and (2) has not  received any disability  pension payments, is entitled to a refund of his or her total contributions  during such service.  Any firefighter receiving a refund under this Section forfeits and  relinquishes all accrued rights in the Fund, including accumulated creditable service.  In the event of reemployment in the service, the firefighter shall, prior  to commencing service repay to the fund, to the extent that the municipality  has not made such contribution on his or her behalf, the amount of any refund which  he or she received upon resigning or being discharged.  Upon repayment  of this refund, the firefighter shall receive credit for the previous  years of service for which  he or she had received the refund.    (Source: P.A. 84-1039.)
40 ILCS 5/4-117
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-117)Sec. 4-117. Reentry into active service.(a) If a firefighter receiving  pension payments  reenters active service, pension payments shall be suspended while he  or she is in service. If the firefighter again retires or is discharged,  his or her monthly pension shall be resumed in the same amount as was paid  upon first retirement or discharge  unless he or she remained in active service 3 or more years after re-entry  in which case the monthly pension shall be based on the salary attached  to the firefighter's rank at the date of last retirement.(b) If a deferred pensioner re-enters active service, and again retires  or is discharged from the fire service, his or her pension shall be based  on the salary attached to the rank held in the fire service at the date  of earlier retirement, unless the firefighter remains in active service  for 3 or more years after re-entry, in which case the monthly pension shall  be based on the salary attached to the firefighter's rank at the date of  last retirement.(c) If a pensioner or deferred pensioner re-enters or is recalled  to active service and  is thereafter injured, and the injury  is not related to an injury for which he or she was previously receiving  a disability pension,  the 3-year service requirement shall not apply in order  for the firefighter to qualify for the increased pension based on  the rate of pay at the time of the  new injury.  (Source: P.A. 102-558, eff. 8-20-21.)
40 ILCS 5/4-117.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-117.1)Sec. 4-117.1.     Deduction for group plans.     If a municipality sponsors  a group hospital and medical plan which includes retired firefighters and  their spouses, upon written request of a retired firefighter, deductions  shall be made from the pension payments of the firefighter in the amounts  which the firefighter is required to contribute toward the group plan in  order to obtain such coverage.Whenever continued group insurance coverage is elected in accordance  with the provisions of Section 367f of the Illinois Insurance Code, as now  or hereafter amended, the total monthly premium for such continued group  insurance coverage or such portion thereof as is not paid by the  municipality shall, upon request of the person electing such continued  group insurance coverage, be deducted from the monthly pension otherwise  payable to such person pursuant to this Article, and shall be remitted by  the pension fund making such deduction to the insurance company or other  entity providing the group insurance coverage.    (Source: P.A. 84-866.)
40 ILCS 5/4-117.2
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

Sec. 4-117.2. Authority of the fund. The fund shall retain the exclusive authority to adjudicate and award disability benefits, retirement benefits, and survivor benefits under this Article and to issue refunds under this  Article. The exclusive method of judicial review of any final administrative decision of the fund shall be made in accordance with Section 4-139. The Firefighters' Pension Investment Fund established under Article 22C of this Code shall not have the authority to control, alter, or modify, or the ability to review or intervene in, the proceedings or decisions of the fund as otherwise provided in this Section.  (Source: P.A. 101-610, eff. 1-1-20.)
40 ILCS 5/4-118.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-118.1)Sec. 4-118.1. Contributions by firefighters.(a) Beginning January 1, 1976 and until the effective date of this  amendatory Act of the 91st General Assembly, each firefighter shall contribute  to the pension fund 6 3/4% of salary towards the cost of his or her pension.  Beginning on the effective date of this amendatory Act of the 91st General  Assembly, each firefighter shall contribute to the pension fund 6.955% of  salary towards the cost of his or her pension.(b) In addition, beginning January 1, 1976, each firefighter shall  contribute 1% of salary toward the cost of the increase in pension provided in  Section 4-109.1; beginning January 1, 1987, such contribution shall be 1.5% of  salary; beginning July 1, 2004, the contribution shall be 2.5% of salary.(c) Beginning on the effective date of this amendatory Act of the 93rd  General Assembly, each firefighter who elects to receive a pension under  Section 4-109.3 and who has participated in  at least one other pension fund under this Article for a period of at  least one year shall contribute an additional 1.0% of salary toward the  cost of the increase in pensions provided in Section 4-109.3.In the event that  a firefighter does not elect to receive a retirement pension  provided under Section 4-109.3 from one or more of the pension funds in which the firefighter has credit, he or she shall, upon withdrawal from  the last pension fund as defined in Section 4-109.3, be entitled to receive,  from each such fund to which he or she has paid additional contributions under  this subsection (c) and from which he or she does not receive a refund under Section 4-116, a refund of those contributions without interest.A refund of total contributions to a particular firefighter pension fund under Section 4-116 shall include any refund of additional contributions paid to that fund under this subsection (c), but a firefighter who accepts a refund from a pension fund under Section 4-116 is thereafter  ineligible to receive a pension provided under Section 4-109.3 from that fund. A firefighter who meets the eligibility requirements of Section 4-109.3 may receive a pension under Section 4-109.3 from any pension fund from which the firefighter has not received a refund under Section 4-116 or under this subsection (c).(d) "Salary" means the annual salary, including longevity, attached  to the firefighter's rank, as established by the municipality appropriation  ordinance, including any compensation for overtime which is included in the  salary so established, but excluding any "overtime pay", "holiday pay",  "bonus pay", "merit pay", or any other cash benefit not included in the  salary so established.(e) The contributions shall be deducted and withheld from the salary  of firefighters.         (Source: P.A. 93-689, eff. 7-1-04.)
40 ILCS 5/4-118.2
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-118.2)Sec. 4-118.2.     Pick up of contributions.     A municipality may pick up  the firefighters' contributions required by Section 4-118.1 for all salary  earned after December 31, 1981.  If a municipality decides not to pick up  the contributions, the required contributions shall continue to be deducted  from salary.  If contributions are picked up, they shall be treated as employer  contributions in determining tax treatment under the United States Internal  Revenue Code; however, the municipality shall continue to withhold Federal  and State income taxes based upon these contributions until the Internal  Revenue Service or the Federal courts rule that pursuant to Section 414(h)  of the United States Internal Revenue Code, these contributions shall not  be included as gross income of the firefighters until such time as they  are distributed or made available.  The municipality shall pay these contributions  from the same source of funds which is used to pay the salaries of firefighters.  The municipality may pick up these contributions by a reduction in the cash  salary of the firefighters or by an offset against a future salary increase  or by a combination of a reduction in salary and offset against a future  salary increase.  If contributions are picked up they shall be considered  for all purposes of this Article as firefighters' contributions made prior  to the time that contributions were picked up.    (Source: P.A. 83-1440.)
40 ILCS 5/4-120
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-120)Sec. 4-120.     Reserves.     The board shall establish and maintain a reserve to insure the payment  of all obligations incurred under this Article. The reserve to be accumulated  shall be equal to the estimated total actuarial requirements of the Fund.    (Source: P.A. 83-1440.)
40 ILCS 5/4-122
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-122)Sec. 4-122.     Powers and duties of board.     The board shall have the powers and duties stated in Sections 4-123  through  4-129.1, in addition to the other powers and duties provided  under this Article.    (Source: P.A. 83-1440.)
40 ILCS 5/4-123
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-123)Sec. 4-123. To control and manage the Pension Fund. In accordance with the  applicable provisions of Articles 1 and 1A and this Article, to control and  manage, exclusively, the following:(1) the pension fund,(2) until the board's investment authority is     terminated pursuant to Section 4-123.2, investment expenditures and income, including interest dividends, capital gains, and other distributions on the investments, and(3) all money donated, paid, assessed, or provided by     law for the pensioning of disabled and retired firefighters, their surviving spouses, minor children, and dependent parents.All money received or collected shall be credited by the treasurer of the  municipality to the account of the pension fund and held by the treasurer of  the municipality subject to the order and control of the board.  The treasurer  of the municipality shall maintain a record of all money received, transferred,  and held for the account of the board.  (Source: P.A. 101-610, eff. 1-1-20.)
40 ILCS 5/4-123.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-123.1)Sec. 4-123.1.     To subpoena witnesses.     To compel witnesses to attend  and testify before it upon all matters connected with the administration of  this Article, in the manner provided by law for the taking of testimony  before the circuit court.  The president, or any member of the Board, may  administer oaths to such witnesses.    (Source: P.A. 84-1039.)
40 ILCS 5/4-123.2
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

Sec. 4-123.2. To transfer  investment authority to the Firefighters' Pension Investment Fund. As soon as practicable after the effective date  of this amendatory Act of the 101st General Assembly, but no later than 30 months after the effective date of this amendatory Act of the 101st General Assembly, each transferor  pension fund shall transfer, in accordance with the requirements of Section 22C-120 to the Firefighters' Pension Investment Fund created under Article 22C for management and investment all of their securities or for which commitments have been made, and all funds, assets, or moneys representing permanent or temporary investments, or cash reserves maintained for the purpose of obtaining income thereon. Upon the transfer of such securities, funds, assets, and moneys of a transferor pension fund to the Firefighters' Pension Investment Fund, the transferor  pension fund shall not manage or control the same and shall no longer exercise any investment authority pursuant to Section 4-128 of this Code, notwithstanding any other provision of this Article to the contrary.Nothing in this Section prohibits a fund under this Article from maintaining an account, including an interest earning account, for the purposes of benefit payments and other reasonable expenses after the end of the transition period as defined in Section 22C-112, and funds under this Article are encouraged to consider a local bank or financial institution to provide such accounts and related financial services.  (Source: P.A. 101-610, eff. 1-1-20.)
40 ILCS 5/4-124
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-124)Sec. 4-124.     To enforce contributions.     To assess each firefighter the  contributions required under Section 4-118.1.  The contributions deducted  from salaries,  together with all interest  accruing thereon, shall be placed by the treasurer of the municipality  as ex officio treasurer of the board, to the credit of the pension  fund, subject to the order of the board.    (Source: P.A. 83-1440.)
40 ILCS 5/4-125
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-125)Sec. 4-125.     To hear and determine applications and to order payments.     To hear and decide all applications for pensions and other  benefits under this  Article and to order and direct the payment of pensions  and other benefits.  The first payment for any pension benefits shall be made not later than  one month after benefits are granted.  Each such subsequent payment shall  be made not later than one month after the date of the latest payment.  Such benefits shall not be prepaid.    (Source: P.A. 83-1440.)
40 ILCS 5/4-126
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-126)Sec. 4-126.     To make rules.To make all rules and regulations necessary for the discharge of its  duties.    (Source: Laws 1963, p. 161.)
40 ILCS 5/4-127
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-127)Sec. 4-127.     To pay expenses.To provide for the payment from the fund of all necessary expenses of  the Board.    (Source: Laws 1963, p. 161.)
40 ILCS 5/4-128
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-128)Sec. 4-128.     To invest funds.     Beginning January 1, 1998, the board shall  invest funds in accordance with Sections 1-113.1 through 1-113.10 of this  Code.     (Source: P.A. 90-507, eff. 8-22-97.)
40 ILCS 5/4-129
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-129)Sec. 4-129.     To keep records.To keep a record of all its meetings and proceedings.    (Source: Laws 1963, p. 161.)
40 ILCS 5/4-129.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-129.1)Sec. 4-129.1.     To accept donations.     To accept by gift, grant, transfer  or bequest, any money, real estate or personal property.  Such money and  the proceeds from the sale of or income from such real estate or personal  property shall be paid into the pension fund.     (Source: P.A. 83-1440.)
40 ILCS 5/4-130
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-130)Sec. 4-130.     Treasurer of the Board.     The treasurer of the municipality shall be the treasurer of the board and  the custodian of the pension fund,  and shall secure and safely keep the fund's assets, subject  to the control and  direction of the board. The treasurer shall keep  books and accounts concerning the fund in such manner as may be prescribed  by the board. The books and accounts shall be subject to the inspection of the board  or any member thereof.The treasurer, within 10 days after his or her election or  appointment, shall execute a bond to the municipality, with good and  sufficient securities, in  such penal sums as the board shall direct, to be approved by the board,  conditioned for the faithful performance of the duties of the  office, and for the safekeeping and proper accounting of all moneys and  property which come to the treasurer;  and that on the expiration of his or her term of office all moneys  and property of the fund will be turned  over to his or her successor.The bond shall be filed in the office of the clerk of the municipality  or in the office of the secretary of  the board of trustees of the fire protection district, as the case may be.  In case of a breach of the bond, or any of its conditions,  suit may be  brought thereon in the name of the municipality for the use of the board,  or of any person or persons injured by such breach.    (Source: P.A. 83-1440.)
40 ILCS 5/4-131
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-131)Sec. 4-131.     Warrants.     The mayor or president of the board of trustees and clerk,  secretary, or the comptroller, if there be one, and the officer or officers  of the municipality, who are authorized by law  to draw warrants  upon the treasurer of the municipality, upon request made in writing by  the board, shall draw such warrants,  payable to the treasurer of the board for all funds in the hands of the  municipality's treasurer belonging to the pension fund.    (Source: P.A. 83-1440.)
40 ILCS 5/4-132
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-132)Sec. 4-132.     Disbursements.     Payments from the pension fund shall be  made by the  treasurer of the board only upon warrants signed by the president of the  board and countersigned by its secretary. No warrant  shall be drawn  except by order of the board duly entered in the records of the board's  proceedings.    (Source: P.A. 83-1440.)
40 ILCS 5/4-133
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-133)Sec. 4-133.     Interest on deposits.     If the pension fund, or any part thereof, by order of the board or  otherwise, is deposited in any bank or savings and loan association,  or loaned, all interest or money which is paid or agreed to be paid  on the loan or deposit  shall become a part of the fund. No such  loan or deposit shall be made without board authorization.No bank or savings and loan association shall receive investment funds  as permitted by this Section, unless it has complied with the requirements  established pursuant to Section 6 of "An Act relating to certain investments  of public funds by public agencies", approved July 23, 1943, as now or hereafter amended.    (Source: P.A. 83-1440.)
40 ILCS 5/4-134
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 4-134)Sec. 4-134. Report for tax levy.(a) The board shall report to the city council  or board of trustees of the municipality on the condition of the pension fund  at the end of its most recently completed fiscal year.  The report shall  be made prior to the council or board meeting held for appropriating and  levying taxes for the year for which the report is made.The pension board in the report shall certify and provide the following information to the city council or board of trustees of the municipality:(1) the total assets of the fund and their current     market value of those assets;(2) the estimated receipts during the next succeeding     fiscal year from deductions from the salaries or wages of firefighters, and from all other sources;(3) the estimated amount necessary during the fiscal     year to meet the annual actuarial requirements of the pension fund as provided in Sections 4-118 and 4-120;(4) the total net income received from investment of     assets along with the assumed investment return and actual investment return received by the fund during its most recently completed fiscal year compared to the total net  income, assumed investment return, and actual investment return received during the preceding fiscal year;(5) the increase in employer pension contributions     that results from the implementation of the provisions of this amendatory Act of the 93rd General Assembly;(6) the total number of active employees who are     financially contributing to the fund;(7) the total amount that was disbursed in benefits     during the fiscal year, including the number of and total amount disbursed to (i) annuitants in receipt of a regular retirement pension, (ii) recipients being paid a disability pension, and (iii) survivors and children in receipt of benefits;(8) the funded ratio of the fund;(9) the unfunded liability carried by the fund, along     with an actuarial explanation of the unfunded liability; and(10) the investment policy of the pension board under     the statutory investment restrictions imposed on the fund.Before the pension board makes its report, the municipality shall have the assets  of the fund and  their current market value verified by an independent certified public  accountant of its choice.(b) The municipality is authorized to publish the report submitted under this Section.  This publication may be made, without limitation, by publication in a local newspaper of general circulation in the municipality or by publication on the municipality's Internet website.  If the municipality publishes the report, then that publication must include all of the information submitted by the pension board under subsection (a). (Source: P.A. 95-950, eff. 8-29-08.)