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AN ACT concerning public employee benefits.



Amends the Chicago Police Article of the Pension Code,removes an age limitation on eligibility for a refund of contributions,deletes language providing that a policeman may receive a refund until the annuity to which he is entitled has been fixed,provides that any refund under the Article shall be calculated based on the policeman’s contributions to the fund, less the amount of any annuity benefit previously received by the policeman and his beneficiaries.