Illinois Statutes
§ 12-125.1 — Optional reversionary annuity
Illinois § 12-125.1
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 12 - Park Employees' And Retirement Board Employees' Annuity And Benefit Fund--Cities Over 500,000
This text of Illinois § 12-125.1 (Optional reversionary annuity) 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. 12-125.1 (2026).
Text
"Optional reversionary annuity": A deferred annuity derived from part of the actuarial value of an employee's retirement annuity, computed according to the applicable actuarial tables and payable during the lifetime of the beneficiary only if the beneficiary survives the employee receiving a retirement annuity and qualifies as the surviving spouse under Section 12-123.1.
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Legislative History
(Source: P.A. 87-1265.)
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
ContributionsCite This Page — Counsel Stack
Bluebook (online)
Illinois § 12-125.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/12-125.1.