Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 5-150

    (40 ILCS 5/5-150) (from Ch. 108 1/2, par. 5-150)

    Sec. 5-150. Whenever the sum to a policeman's credit for annuity for him or his widow is insufficient, at the time the amount of such annuity is fixed, to provide a life annuity of $10 a month, a term annuity of $10 a month shall be payable for a period of years and months to be computed from his credits according to the actuarial tables in use by the fund.

(Source: Laws 1963, p. 161.)

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Last modified: February 18, 2015