Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 14-125.1

    (40 ILCS 5/14-125.1) (from Ch. 108 1/2, par. 14-125.1)

    Sec. 14-125.1. Automatic increase in disability benefit. Each disability benefit payable under Section 14-123 or 14-124 shall be increased by 7% of the original fixed amount of such benefit on January 1, 1986 or January 1 following the fourth anniversary of the granting of the benefit, whichever occurs later. On each January 1 following the 7% increase, but not earlier than January 1, 1991, the disability benefit shall be increased by 3% of the current amount of the benefit, including prior increases under this Article.

(Source: P.A. 86-1488.)

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Last modified: February 18, 2015