Illinois Statutes
§ 15-103.1 — Traditional Benefit Package
Illinois § 15-103.1
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 15 - State Universities Retirement System
This text of Illinois § 15-103.1 (Traditional Benefit Package) 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. 15-103.1 (2026).
Text
"Traditional benefit package": The defined benefit retirement program maintained under the System which includes retirement annuities payable directly from the System as provided in Sections 15-135 through 15-140 (but disregarding Section 15-136.4), disability retirement annuities payable under Section 15-153.2, death benefits payable directly from the System as provided in Sections 15-141 through 15-144, survivors insurance benefits payable directly from the System as provided in Sections 15-145 through 15-149, and contribution refunds as provided in Section 15-154. The traditional benefit package also includes disability benefits as provided in Sections 15-150 through 15-153.3.
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Legislative History
(Source: P.A. 90-766, eff. 8-14-98.)
Nearby Sections
15
§ 15-101
Creation of system§ 15-102
Terms defined§ 15-103
System§ 15-103.1
Traditional Benefit Package§ 15-103.2
Portable Benefit Package§ 15-103.3
Self-Managed Plan§ 15-104
The 1941 Act§ 15-105
Board§ 15-106
Employer§ 15-107
Employee§ 15-108
Participant§ 15-108.1
Tier 1 member§ 15-108.2
Tier 2 member§ 15-109
Participating employee§ 15-110
Basic compensationCite This Page — Counsel Stack
Bluebook (online)
Illinois § 15-103.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/15-103.1.