40 ILCS 5/6-205: Automatic increase reserve.
Where this section sits in the code
- CHAPTER 40 PENSIONS
- Illinois Pension Code.
Amounts contributed by firemen and the city to provide the 1 1/2% retirement annuity increments as provided in Section 6-164, together with interest allocations, shall be credited to this reserve, and all payments for annuity increments shall be charged to this reserve.
Collected 2026-09-15T04:46:20Z. Source file · JSON