Illinois Statutes

§ 13-307 — Term annuity

Illinois § 13-307
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 13 - Metropolitan Water Reclamation District Retirement Fund

This text of Illinois § 13-307 (Term 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. 13-307 (2026).

Text

Whenever a retirement or surviving spouse annuity is less than $200 per month, it may be converted to a term annuity in the amount of $200 per month to be paid for such period as is determined in accordance with actuarial tables adopted by the Board.

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Legislative History

(Source: P.A. 87-794.)

Nearby Sections

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§ 13-201
Terms defined
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Bluebook (online)
Illinois § 13-307, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/13-307.