Illinois Statutes
§ 11-151 — Computation of interest
Illinois § 11-151
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 11 - Laborers' And Retirement Board Employees' Annuity And Benefit Fund--Cities Over 500,000 Inhabitants
This text of Illinois § 11-151 (Computation of interest) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
40 Ill. Comp. Stat. 11-151 (2026).
Text
For the computation of interest upon any sum contributed by an employee, it shall be assumed that the sum was contributed on the last day of the calendar month in which such contribution was made.
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Legislative History
(Source: P.A. 81-1536.)
Nearby Sections
15
§ 11-101
Creation of fund§ 11-102
Terms defined§ 11-103
Fund§ 11-104
The 1935 Act§ 11-106
Civil Service Act§ 11-106.1
§ 11-106.1§ 11-107
Employer§ 11-108
Effective date§ 11-109
Retirement board or board§ 11-110.1
Gender§ 11-111
Present employee§ 11-112
Future entrant§ 11-113
Re-entrantCite This Page — Counsel Stack
Bluebook (online)
Illinois § 11-151, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/11-151.