Illinois Statutes
§ 6-124 — Future entrants; amount of annuity
Illinois § 6-124
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000
This text of Illinois § 6-124 (Future entrants; amount of annuity) 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. 6-124 (2026).
Text
When a future entrant attains age 63 in service, except for a fireman who is not subject to the compulsory retirement age, his age and service annuity shall be fixed as of age 63. The annuity shall be that provided from the entire sum accumulated to his credit for age and service annuity on the date he attains age 63. When a future entrant who is not subject to the compulsory retirement age withdraws from service and is at least age 63, his or her age and service annuity shall be fixed as of the age he or she withdraws from service. The annuity shall be that provided from the entire sum accumulated to his or her credit for age and service annuity on the date he or she withdraws from service.
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Legislative History
(Source: P.A. 102-293, eff. 8-6-21.)
Nearby Sections
15
§ 6-101
Creation of fund§ 6-102
Terms defined§ 6-103
§ 6-103§ 6-104
Effective date§ 6-105
Retirement board or board§ 6-106
Fireman§ 6-106.1
Gender§ 6-107
Present employee§ 6-108
Future entrant§ 6-109
Active fireman§ 6-110
Act of duty§ 6-111
Salary§ 6-112
§ 6-112§ 6-113
Compulsory retirement§ 6-114
§ 6-114Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 6-124, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/6-124.