§ 4-135 — Benefits; exempt

Illinois § 4-135

• Jurisdiction: Illinois
• Topic: GOVERNMENT
• Ch. 40: PENSIONS
• Act 40 ILCS 5/: Illinois Pension Code.
• Art.: Article 4 - Firefighters' Pension Fund - Municipalities 500,000 And Under

Text

No portion of the pension fund shall, either before or after a board's order of distribution to any retired firefighter or his or her beneficiaries, be held, seized, taken subject to, or detained or levied on by virtue of any process, injunction interlocutory or other order or judgment, or any process or proceeding whatever issued by any court of this State, for the payment or satisfaction in whole or in part of any debt, damages, claim, demand or judgment against any firefighter or his or her beneficiaries, but the fund shall be held, secured and distributed for the purposes of pensioning such firefighter and beneficiaries and for no other purposes whatever. A pensioner, annuitant, applicant for a refund, disability beneficiary, or other beneficiary does not have the right to transfer or assign his or her pension, annuity, refund, or disability benefit, or any part thereof, by mortgage or otherwise; except that an annuitant or disability beneficiary may direct, in writing, that a monthly payment be made to an association or organization with which the annuitant or disability beneficiary or the annuitant's or disability beneficiary's surviving spouse may be affiliated by virtue of his or her fire service or for hospitalization insurance purposes.

Legislative History

(Source: P.A. 104-196, eff. 1-1-26 .)