40 ILCS 5/11-152

Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
Section 40 ILCS 5/11-152 - Term annuities - How computed

In any case in which an employee's credit for an annuity for himself or his widow is insufficient - at the time the annuity is fixed - to provide a life annuity of $100 a month for the employee or his widow, a term annuity of equal actuarial value of $100 a month shall be paid for such time as such payments can be made from such credits for the respective annuities.

40 ILCS 5/11-152

P.A. 79-1154.