Illinois Statutes

§ 5-218 — Annuities, etc

Illinois § 5-218
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 § 5-218 (Annuities, etc) 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. 5-218 (2026).

Text

- Exempt. All pensions, annuities, refunds or disability benefits granted under this Article, and every portion thereof, are exempt from attachment or garnishment process and shall not be seized, taken, subjected to, detained or levied upon by virtue of any judgment, or any process or proceeding whatsoever issued out of or by any court for the payment and satisfaction in whole or in part of any debt, damage, claim, demand, or judgment against a pensioner, annuitant, refund applicant or other beneficiary hereunder. No pensioner, annuitant, refund applicant or disability beneficiary has a right to transfer or assign his or her pension, annuity, refund or disability benefit or any part thereof by mortgage or otherwise, except that a pensioner or annuitant may direct in writing that payment be

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Legislative History

(Source: P.A. 83-706 .)

Nearby Sections

15
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Bluebook (online)
Illinois § 5-218, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/5-218.