Illinois Statutes
§ 18-113 — Annuity
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 18 - Judges Retirement System Of Illinois
"Annuity": A series of monthly payments payable at the end of each calendar month during the life of an annuitant or as otherwise provided in this Article. The first payment shall be prorated for any fraction of a month elapsing to the end of the first month and the last payment shall be made for the whole calendar month in which death occurs.
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Legislative History
(Source: P.A. 83-1440.)
Nearby Sections
15
§ 18-101
Creation of fund§ 18-102
Purpose§ 18-103
Terms defined§ 18-104
Effective date§ 18-105
System§ 18-106
Board§ 18-107
Employer§ 18-108
Judge§ 18-109
Eligible judge§ 18-110
Participant§ 18-111
Salary§ 18-112
§ 18-112§ 18-112.1
§ 18-112.1§ 18-112.3
§ 18-112.3