Illinois Statutes
§ 14-103.18 — Annuity
Illinois § 14-103.18
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 14 - State Employees' Retirement System Of Illinois
This text of Illinois § 14-103.18 (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. 14-103.18 (2026).
Text
"Annuity": Annual payments for life, or as otherwise provided in this Article, payable in 12 equal monthly installments during the annuity payment period. The first payment shall be made for the first whole calendar month of eligibility after application and the last payment shall be made for the whole calendar month in which eligibility terminates. If an annuity to an annuitant or beneficiary, other than a survivor annuity, is less than $10 per month, the minimum payment shall be $10 per month.
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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 compensationCite This Page — Counsel Stack
Bluebook (online)
Illinois § 14-103.18, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/14-103.18.