Illinois § 8-235 Basis of actual compensation

Illinois Statutes

§ 8-235 — Basis of actual compensation

Illinois § 8-235

TopicGOVERNMENT

Ch. 40PENSIONS

Act 40 ILCS 5/Illinois Pension Code.

Art.Article 8 - Municipal Employees', Officers', And Officials' Annuity And Benefit Fund--Cities Over 500,000 Inhabitants

This text of Illinois § 8-235 (Basis of actual compensation) 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. 8-235 (2026).

Text

"Actual Compensation" of any employee whose actual compensation (as defined herein) is arranged upon other than a yearly basis shall be determined by the following schedule: Monthly basis:--12 times the amount of actual compensation per month. Weekly basis:--52 times the amount of actual compensation per week. Daily basis:--300 times the amount of actual compensation per day. Hourly basis:--2400 times the amount of actual compensation per hour.

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"Actual Compensation" of any employee whose actual compensation (as defined herein) is arranged upon other than a yearly basis shall be determined by the following schedule: Monthly basis:--12 times the amount of actual compensation per month. Weekly basis:--52 times the amount of actual compensation per week. Daily basis:--300 times the amount of actual compensation per day. Hourly basis:--2400 times the amount of actual compensation per hour.