Illinois Statutes
§ 20-128 — Payment of benefits
Illinois § 20-128
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 20 - Retirement Systems Reciprocal Act
This text of Illinois § 20-128 (Payment of benefits) 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. 20-128 (2026).
Text
Two or more participating systems may agree to have the combined benefits paid by one of the systems, in which case, the system which pays the combined benefit shall receive from the other system, a lump sum payment equal to the actuarial equivalent of the proportional annuity determined in accordance with annuity tables which are acceptable to both systems.
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Legislative History
(Source: P.A. 78-779.)
Nearby Sections
15
§ 20-102
Terms defined§ 20-103
Effective date§ 20-104
Employee§ 20-105
Employer§ 20-106
§ 20-106§ 20-107
Governmental unit§ 20-108
Participating system§ 20-109
§ 20-109§ 20-110
Retirement annuity§ 20-111
Retirement system§ 20-112
Survivor's annuity§ 20-113
The 1955 Act§ 20-114
Benefits covered by this articleCite This Page — Counsel Stack
Bluebook (online)
Illinois § 20-128, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/20-128.