Illinois Statutes
§ 6-205 — Automatic increase reserve
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
Amounts contributed by firemen and the city to provide the 1 1/2% retirement annuity increments as provided in Section 6-164, together with interest allocations, shall be credited to this reserve, and all payments for annuity increments shall be charged to this reserve.
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Illinois § 6-205 (Automatic increase reserve) — 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