Illinois Statutes
§ 15-111.5 — Basic compensation and earnings restrictions
Illinois § 15-111.5
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 15 - State Universities Retirement System
This text of Illinois § 15-111.5 (Basic compensation and earnings restrictions) 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. 15-111.5 (2026).
Text
For an employee who first becomes a participant on or after the effective date of this amendatory Act of the 99th General Assembly, basic compensation under Section 15-110 and earnings under Section 15-111 shall not include bonuses, housing allowances, vehicle allowances, social club dues, or athletic club dues.
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Legislative History
(Source: P.A. 99-897, eff. 1-1-17 .)
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 § 15-111.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/15-111.5.