Illinois Appellate Court
Civil Court
Pension Code
Sections 3-125 and 3-127 of Illinois Pension Code do not provide Plaintiff Village with a contractual right to a specified level of funding of Village Police Pension Fund. No specific language in Pension Code demonstrates legislative intent to establish contractual right to funding. Statutes provide Village with discretion in implementing funding recommendations certified by Pension Board, and no evidence that fund is now at risk of denying benefits. To extent Village exercised its authority in levying taxes for benefit of Pension Fund, money collected by Village must be forwarded to treasurer of Pension Board.(ROCHFORD and HALL, concurring.)