Illinois Statutes
§ 12-123 — Age
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 12 - Park Employees' And Retirement Board Employees' Annuity And Benefit Fund--Cities Over 500,000
"Age": Age at the latest birthday. In the computation of any retirement annuity, the actuarial factor shall be prorated for the number of days between the employee's last birthday and his age on the effective date of the annuity.
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Legislative History
(Source: P.A. 86-272.)
Nearby Sections
15
§ 12-101
Creation of fund§ 12-102
Terms defined§ 12-103
The 1919 Act§ 12-105
Retirement board or board§ 12-106
Actuarial tables§ 12-107
Reserve§ 12-108
Highest salary§ 12-109
Service§ 12-111
Withdrawal or withdraws§ 12-112
Future entrant§ 12-114
Regular interest§ 12-115
Present value§ 12-116
Fiscal year§ 12-117
Contributions