Illinois § 8-131

Illinois Statutes

§ 8-131

Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 8 - Municipal Employees', Officers', And Officials' Annuity And Benefit Fund--Cities Over 500,000 Inhabitants

Annuities-Present employees and future entrants-Withdrawal after age 60 and prior to 65. An employee who attains age 60 or more but less than age 65 in service, upon withdrawal, shall be entitled to annuity as of his attained age at such time as follows: 1. Present Employee--age and service and prior service annuities provided from the total credits for such annuities on the date of withdrawal.

2.Future entrant--age and service annuity provided from the total credits for such annuity on the date of withdrawal.

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Annuities-Present employees and future entrants-Withdrawal after age 60 and prior to 65. An employee who attains age 60 or more but less than age 65 in service, upon withdrawal, shall be entitled to annuity as of his attained age at such time as follows: 1. Present Employee--age and service and prior service annuities provided from the total credits for such annuities on the date of withdrawal. 2. Future entrant--age and service annuity provided from the total credits for such annuity on the date of withdrawal.

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