Illinois Statutes

§ 15-137 — Retirement annuities-Guarantees

Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 15 - State Universities Retirement System
This Article shall not operate to deprive any participant of eligibility for an annuity or to reduce the annuity to which a participant would have been entitled under the provisions of "The 1941 Act," in effect on June 30, 1955, if prior to June 30, 1955, the participant had met the minimum requirements for an annuity, or was employed by an employer on that date.

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Legislative History

(Source: P.A. 83-1440.)

Nearby Sections

15
§ 15-102
Terms defined
§ 15-103
System
§ 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
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