Illinois Statutes
§ 14-102 — Purpose
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 14 - State Employees' Retirement System Of Illinois
The purpose of the system is to provide an orderly means whereby aged or disabled employees may be retired from active service, without prejudice or hardship, and to enable the employees to accumulate reserves for themselves and their dependents for old age, disability, death and termination of employment, thus effecting economy and efficiency in the administration of the State Government.
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Legislative History
(Source: P.A. 80-841.)
Nearby Sections
15
§ 14-101
Creation of system§ 14-102
Purpose§ 14-103
Terms defined§ 14-103.01
Retirement system or system§ 14-103.02
Board of trustees or board§ 14-103.03
Date of establishment§ 14-103.04
Department§ 14-103.05
Employee§ 14-103.06
Member§ 14-103.07
Annuitant§ 14-103.08
Beneficiary§ 14-103.09
Service§ 14-103.10
§ 14-103.10§ 14-103.11
Rate of Compensation§ 14-103.12
Final average compensation