reglab/housing_qa huggingface dataset:
40 ILCS 5/6-170
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-170)Sec. 6-170.     Contributions by city and firemen for ordinary disability benefits.The city shall contribute all amounts ordinarily contributed by it for  annuity purposes for any fireman receiving ordinary disability benefit and  the fireman shall receive credit therefor as though he were in active  discharge of his duties during disability.For each year, at least 1/3 of the total sum estimated annually by the  board as necessary to provide ordinary disability benefits during the year  shall be contributed by the firemen as follows:Such amount (1/3 of said total sum) shall be prorated among all such  firemen in proportion to the annual salary of each fireman, the percentage  of each such annual salary which the sum related thereto shall constitute  shall be ascertained, and a sum equal to a life percentage of each payment  of such salary, but not less than 1/8 of 1% of each such payment, shall be  deducted from each payment of salary.The city shall contribute the balance of the total sum estimated  annually as necessary to provide ordinary disability benefits during each  year.Whenever the balance in the ordinary disability reserve at the end of  any calendar year, exclusive of employee contributions and city  contributions for ordinary disability benefit purposes for such year, is  sufficient to provide for all valid claims for ordinary disability benefits  due for such year, such salary deductions for such year shall forthwith  become the property of the respective firemen concerned. Any fireman from  whose salary such deductions were made for such year may direct the board  to transfer such deductions to the Gift Reserve to be used as he specifies  in writing, or may otherwise direct the retirement board as to the  disposition to be made of these deductions, excepting that they may not be  credited to his account in the salary deduction reserve or in the annuity  payment reserve; and the city shall not be required to contribute any  amount for ordinary disability benefit purposes for such year.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-171
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-171)Sec. 6-171.     Contributions by city for certain annuities.(a) Each city shall contribute annually, from the sum produced by tax  levy herein authorized, all sums required for the purposes of this Article,  other than those stated in this Section.(b) Thereafter, the balance of the sum produced by the tax levy shall be  applied to provide prior service and widow's prior service annuities under  this Article, and all annuities, pensions and benefits which have been or  shall be granted under "An Act to provide for a firemen's pension fund and  to create a board of trustees to administer said pension fund in cities  having a population exceeding two hundred thousand (200,000) inhabitants",  filed June 14, 1917, as amended, and also for the purpose of providing  that part of any annuity described in Sections 6-123, 6-128, 6-141 and  6-164 of this Article for which moneys are not provided under this  Article, and to make possible the transfer of reserves from the investment  and interest reserve to other reserves.(c) All amounts contributed by the city for the purposes of this Section  shall be credited to the prior service annuity reserve except that  contributions made for the purposes of Section 6-164 shall be credited to  the automatic increase reserve. When the balance of each of these reserves  equals the liabilities of each such reserve (including, in addition to all  other liabilities of such reserve, the present value, according to the  applicable mortality table, and applicable interest rate, of all annuities,  present or prospective, or parts of such annuities chargeable to that  reserve) the city shall cease to contribute the sum stated in paragraph (b)  of this Section; provided, if at any time the balance of the investment and  interest reserve is not sufficient to permit a transfer of moneys from that  reserve to any other reserve, in accordance with the provisions of this  Article, the city shall, as soon as practicable thereafter, contribute sums  sufficient to make possible such transfer of the amounts required.(d) If by reason of annexation of territory and the employment by the  city of any fireman employed in the territory at the time of the  annexation, after the city has ceased to contribute as provided in  paragraph (b) of this Section, contributions to provide prior service and  widow's prior service annuity for such fireman becomes necessary for such  annuity purposes, the city shall, as soon as practicable thereafter,  contribute sums sufficient to provide such annuities.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-172
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-172)Sec. 6-172.     Contributions by city for administration costs.Beginning September 1, 1959, the city shall contribute, the entire costs  of administration of the fund from revenue derived from the taxes  authorized to be levied for the fund.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-173
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-173)Sec. 6-173.     Other city contributions - Estimates.     The board shall estimate the amounts required each year to be  contributed by the city for all annuities, benefits and administrative  expenses. All amounts shall be paid annually by the city into the fund  from the taxes herein authorized.If it is not possible or practicable for the city to make  contributions for age and service and widow's annuity at the time  deductions from employees' salaries are made for these purposes, the  city shall make such contributions as soon as possible thereafter, with  interest thereon at the applicable rate to the time they shall be made.    (Source: P.A. 81-1536.)
40 ILCS 5/6-175
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-175)Sec. 6-175.     Board elections.     The regular elections for members of the board shall be held by mail. The  board shall designate not less than 2  clerks of election to conduct the  election. The board shall furnish the clerks of election with a list of  firemen, pensioners and annuitants eligible to vote at the election,  and tally  sheets to be used in counting the vote. The clerks of election shall count the  votes cast, recording on the tally sheets provided a true count of  ballots cast for each candidate and the correct number of unused and  spoiled ballots.Immediately after all ballots are counted, the clerks of election shall certify the  tally sheets by signing them at the place provided, the marked ballots  shall be sealed and delivered together with all other materials used in  the election to the office of the board, which shall cause a detailed  receipt to be issued to each clerk of election upon receiving such  material. Not later than 30 days prior to the elections, the retirement  board shall publish written rules for the conduct of the elections in  conformity herewith, including notification to eligible voters and provision for poll  watchers for candidates to be present at the places where the votes are counted.At any election for active firemen members, all firemen employed by  the city  at the time the election is held and all firemen on occupational,  duty or ordinary disability at the time the election is held shall  have a right to vote.At any election for the pensioner or annuitant member, all annuitants  and pensioners (except children less than age 18) and the legal guardian  of any child annuitant or child pensioner whose mother or stepmother  shall not be an annuitant or pensioner, shall have a right to vote.Ballots to be used in such elections shall be of a secret character.  The board shall mail, to each person who is entitled to vote, a ballot which  permits such person to vote by mail.The board shall provide by its rules sufficient time before the date  of election to permit the voting by mail provided herein. The mailed  ballots shall remain sealed until the official tallying is begun, at  which time all mail votes shall be tallied by not less than 2 clerks of  election at the office of the board as hereinabove set forth.Within 72 hours after the close of each election, the board shall  cause records pertaining to the election, including all lists of persons  eligible to vote, all ballots,  used, unused and spoiled, and all tally sheets used in the counting of  votes, to be deposited with the city clerk who shall preserve all such  material for 6 months from the date of election.    (Source: P.A. 83-152.)
40 ILCS 5/6-176
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-176)Sec. 6-176.     Vacancy on board.     A vacancy on the board owing to death, resignation or any other  cause, shall be filled as follows: if the vacancy is that of an  ex-officio member, the mayor of the city shall appoint a person to serve  until a person qualified as hereinbefore described shall assume the  duties of member of the board. If the vacancy is of an active fireman  member, or a pensioner or annuitant member, the successor shall be  elected to serve during the remainder of the unexpired term at a special  election to be held by the board within 30 days from the date the  vacancy occurs and to be conducted in the same manner as the regular  annual election.A member elected by the active firemen who resigns or is discharged  from the fire service of the city shall automatically cease to be a  member of the board.Any Elective member of the board shall be subject to recall as follows:If not less than 60% of the active firemen contributors to the fund, or  not less than 60% of the pensioners and annuitants (minors under age 18  excepted), petition the board in writing to declare vacant the membership  of an active fireman member or pensioner or annuitant, as the case may be,  the board, within 15 days after receipt of the petition shall declare such  membership vacant.  A member of the board is not subject to recall more  than once in any calendar year nor within one year after a previous recall petition.    (Source: P.A. 81-854.)
40 ILCS 5/6-177
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-177)Sec. 6-177.         As soon as possible after the board membership is first  completed, the board shall meet and from among its members elect by a  majority vote of the members who vote upon the question, a president, a  vice president, and a secretary, who shall serve until their respective  successors are elected.At each regular meeting in December thereafter, the board shall elect,  by a majority vote of the members who vote upon the question, a president,  a vice president, and a secretary from among its own members. The secretary  shall be chosen from the active firemen members of the board. The  secretary shall be detailed to the pension board office by the Fire  Commissioner upon the secretary's election.  The secretary  shall keep a record of the proceedings of all meetings of the board and  shall perform such other duties as the board directs.    (Source: P.A. 86-273.)
40 ILCS 5/6-178
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-178)Sec. 6-178.     Board meetings.     The board shall hold regular meetings in each  month and such other meetings as it deems necessary. A majority of the  members shall constitute a quorum for the transaction of business at any  meeting; provided, that no pension, annuity, or benefit shall be allowed or  granted and no money shall be paid out of the fund unless ordered by the  affirmative vote of a majority of the total membership of the board as  shown by roll call entered upon the official record of proceedings of the  meeting at which such action is taken. All board meetings shall be open  to the public.    (Source: P.A. 86-273.)
40 ILCS 5/6-179
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-179)Sec. 6-179. Board's powers and duties. The board shall have the powers and duties stated in Section 6-180 to 6-191.1, inclusive, in addition to the other powers and duties provided in  this Article.  (Source: P.A. 99-793, eff. 8-12-16.)
40 ILCS 5/6-180
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-180)Sec. 6-180.     To supervise deductions and contributions.     To see that all amounts specified in this Article to be applied to  the fund, from any source, are collected and so applied; to see that the  sums to be deducted from the salaries  of firemen are deducted and paid  into the fund, and that the sums to be contributed by the city are so  contributed and received into the fund, and that all interest upon  moneys due the fund and all other moneys which accrue to the fund are  collected and paid into it.    (Source: P.A. 81-1536.)
40 ILCS 5/6-181
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-181)Sec. 6-181.     To notify comptroller of deductions.     To notify the city comptroller of the amounts or percentages of salary  to be deducted from the salaries  of firemen and paid into the  fund.    (Source: P.A. 81-1536.)
40 ILCS 5/6-182
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-182)Sec. 6-182.     To accept gifts.         To accept by gift, grant, bequest or otherwise any money or property of  any kind and use the same for the purposes of the fund.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-183
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-183)Sec. 6-183.     To invest the monies of the fund in accordance with the  provisions set forth in Sections 1-109, 1-109.1, 1-109.2, 1-110, 1-111,  1-114 and 1-115 of this Act.  Investments made in accordance with Section  1-113 shall be deemed prudent.The Board may sell any of the securities belonging to the Fund and borrow  money upon such securities as collateral whenever, in its judgment, such  action is necessary to meet the cash requirements of the Fund.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.  The limitations set forth in such Section 6 shall be  applicable only at the time of investment and shall not require the  liquidation of any investment at any time.The board shall have the authority to enter into such agreements and to  execute such documents as it determines to be necessary to complete any  investment transaction.All investments shall be clearly held and accounted for to indicate ownership  by the board.  The board may direct the registration of securities in its  own name or in the name of a nominee created for the express purpose of  registration of securities by a savings and loan association or national  or State bank or trust company authorized to conduct a trust business  in the State of Illinois.Investments shall be carried at cost or at a book value in accordance with  accounting procedures approved by the board.  No adjustments shall be made  in investment carrying values for ordinary current market price fluctuations;  but reserves may be provided to account for possible losses or unrealized  gains as determined by the board.The book value of investments held by the pension fund  in one or more  commingled investment accounts shall be the cost of its units  of participation in such commingled account or accounts as recorded on the  books of the board.The board of trustees of any fund established under this Article may not   transfer its investment authority, nor transfer the assets of the fund  to any other person or entity for the purpose of consolidating or merging  its assets and management with any other pension fund or public investment  authority, unless the board resolution authorizing such transfer is submitted  for approval to the contributors and pensioners of the fund at elections  held not less than 30 days after the adoption of such resolution by  the  board, and such resolution is approved by a majority of the votes cast on  the question in both the contributors election and the pensioners election.  The election procedures and qualifications governing the election of trustees  shall govern the submission of resolutions for approval under this paragraph,  insofar as they may be made applicable.    (Source: P.A. 86-273.)
40 ILCS 5/6-183.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

Sec. 6-183.1. To lend securities. The board may lend securities owned by the Fund to a borrower upon such terms and conditions as may be mutually agreed in writing. Such agreement shall provide that during the period of such loan the Fund shall retain the right to receive, or collect from the borrower, all dividends, interest rights, or any distributions to which the Fund would have otherwise been entitled. The borrower shall deposit with the Fund, as collateral for such loan, cash equal to the market value of the securities at the time the loan is made and shall increase the amount of collateral if and when the Fund requests an additional amount because of subsequent increased market value of the securities.The period for which the securities may be loaned shall not exceed one year, and the loan agreement may specify earlier termination by either party upon mutually agreed conditions.  (Source: P.A. 99-793, eff. 8-12-16.)
40 ILCS 5/6-184
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-184)Sec. 6-184.     To have an audit.     To contract with an independent certified  public accounting firm to perform an annual audit of the assets of the fund  and issue a financial opinion.  The annual audit shall be in addition to  any examination of the fund by the State Director of Insurance.    (Source: P.A. 86-273.)
40 ILCS 5/6-185
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-185)Sec. 6-185.     To authorize payments.To authorize the payment of any annuity, pension or benefit granted  under this Article, or under any other Act relating to firemen's pensions,  heretofore in effect in the city which has been superseded by this Article;  to increase, reduce, or suspend any such annuity, pension, or benefit  whenever any part thereof was secured or granted, or the amount thereof  fixed, as the result of misrepresentation, fraud, or error; provided, that  the annuitant, pensioner, or beneficiary concerned shall be notified and  given an opportunity to be heard concerning such proposed action. The board  shall have exclusive original jurisdiction in all matters relating to or  affecting the fund, including, in addition to all other matters, all claims  for annuities, benefits, refunds or pensions.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-186
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-186)Sec. 6-186.     To require statements and determine service credits.To require each fireman, including those on vacation and on leave of  absence to file a statement, in such form as the board directs, concerning  service rendered prior to the effective date, from which the board shall  make a determination of the length of such service; to determine, from such  information as shall be available, the period of service rendered prior to  the effective date by any fireman who fails to file such a statement.The determination by the board shall be conclusive as to any such period  of service unless the board reconsiders any case within 2 years from the  date of the determination and changes the determination.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-187
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-187)Sec. 6-187.     To issue certificate of service.To issue to each present employee a certificate which shall show the  entire period of service rendered by him prior to the effective date and  the amounts to his credit as of such date for prior service annuity and  widow's prior service annuity.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-188
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-188)Sec. 6-188.     To submit annual report to city council.To submit a report annually in June to the city council. The report  shall be made as of the close of business on December 31st of the preceding  year, and shall contain a detailed statement of the affairs of the fund,  its income and disbursements for such year, its assets and liabilities, and  the status of the fund reserves.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-189
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-189)Sec. 6-189.     To subpoena witnesses.To compel witnesses to attend and testify before it upon any matter  concerning the fund, and, in its discretion, allow fees not in excess of $6  to any such witness other than a fireman for attendance upon any one day.  The president and other members of the board may administer oaths to  witnesses.    (Source: Laws 1963, p. 161.)
40 ILCS 5/6-190
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-190)Sec. 6-190.     To appoint employees.     To appoint such actuarial, medical,  legal, clerical or other employees as may be necessary. The board shall  develop procedures for obtaining, by contract or employment, any necessary  professional assistance including investment advisors and managers,  auditors, actuaries, and medical and legal professionals.    (Source: P.A. 86-273.)
40 ILCS 5/6-190.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000

 (from Ch. 108 1/2, par. 6-190.1)Sec. 6-190.1.     To have a budget.     The board shall adopt an annual  budget at its regular January meeting.    (Source: P.A. 86-273.)