Illinois Statutes

§ 5-208 — Death benefit reserve

Illinois § 5-208
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 5 - Policemen's Annuity And Benefit Fund--Cities Over 500,000

This text of Illinois § 5-208 (Death benefit reserve) 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. 5-208 (2026).

Text

Amounts contributed by policemen and the city for ordinary death benefits shall be credited to this reserve and all such benefits shall be charged to it. At the close of each fiscal year, interest at the rate of 3% per year until December 31, 1977 and at 6% thereafter shall be credited on the mean balance in this reserve.

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Legislative History

(Source: P.A. 81-1536.)

Nearby Sections

15
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Bluebook (online)
Illinois § 5-208, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/5-208.