Illinois Statutes
§ 6-161 — Refund-Transfer of city contributions
Illinois § 6-161
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 § 6-161 (Refund-Transfer of city contributions) 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. 6-161 (2026).
Text
Whenever any amounts are refunded, the accumulated city contributions shall be transferred to the prior service annuity reserve until such time as the assets of said reserve become equal to the liabilities thereof. Thereafter such amounts and the interest thereon shall be used to reduce the amount which the city would otherwise be required to contribute during a succeeding year to the fund.
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Legislative History
(Source: Laws 1963, p. 161.)
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 § 6-161, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/6-161.