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Illinois · Through at least Public Act 104-790

40 ILCS 5/14-148.5: Indemnification of financial institution for recovery of overpayment.

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Where this section sits in the code
  1. CHAPTER 40 PENSIONS
  2. Illinois Pension Code.

The System may indemnify a bank, savings and loan association, or other financial institution insured by an agency of the federal government as necessary to recover for the System any benefit overpayment that the System has made to the financial institution on behalf of a member.

Collected 2026-09-15T04:46:20Z. Source file · JSON

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