40 ILCS 5/8-235

Current through Public Act 103-585
Section 40 ILCS 5/8-235 - Basis of actual compensation

"Actual Compensation" of any employee whose actual compensation (as defined herein) is arranged upon other than a yearly basis shall be determined by the following schedule:

Monthly basis:--12 times the amount of actual compensation per month.

Weekly basis:--52 times the amount of actual compensation per week.

Daily basis:--300 times the amount of actual compensation per day.

Hourly basis:--2400 times the amount of actual compensation per hour.

40 ILCS 5/8-235

Laws 1963, p. 161.