Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 11-173

    (40 ILCS 5/11-173) (from Ch. 108 1/2, par. 11-173)

    Sec. 11-173. Interest credits-All employees.

    Amounts credited for age and service and prior service annuity shall be improved by interest at the effective rate from the end of the month in which the contributions were due during the time thereafter an employee is in service until his annuity is fixed if a present employee or until attainment of age 65 if a future entrant or a re-entrant.

(Source: Laws 1963, p. 161.)

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Last modified: February 18, 2015