Illinois Statutes
§ 6-173 — Other city contributions - Estimates
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 6 - Firemen's Annuity And Benefit Fund--Cities Over 500,000
The board shall estimate the amounts required each year to be contributed by the city for all annuities, benefits and administrative expenses. All amounts shall be paid annually by the city into the fund from the taxes herein authorized. If it is not possible or practicable for the city to make contributions for age and service and widow's annuity at the time deductions from employees' salaries are made for these purposes, the city shall make such contributions as soon as possible thereafter, with interest thereon at the applicable rate to the time they shall be made.
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Illinois § 6-173 (Other city contributions - Estimates) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 81-1536.)
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
§ 6-114