40 ILCS 5/9-153

Current through Public Act 103-593
Section 40 ILCS 5/9-153 - 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 an immediate life annuity of $150 a month for the employee or his widow, a term annuity of equal actuarial value of $150 a month shall be paid for such time as such payments can be made from such credits for the respective annuities.

40 ILCS 5/9-153

P.A. 83-1362.