{"data":{"id":"us-il/40-ilcs-5-11-203","jurisdiction":"us-il","citation":"40 ILCS 5/11-203","heading":"Employees' contribution reserve.","body":"Amounts deducted from employee's salaries for age and service annuity and widow's annuity, or otherwise contributed by employees, amounts contributed by the city for such annuities for an employee receiving duty disability benefit, and transfers to this reserve from the investment and interest reserve, shall be credited to this reserve.\nAn individual account shall be kept in this reserve for each employee to which such salary deductions and contributions shall be credited.\nWhen the annuity for any employee or his widow is fixed or granted, the amount in this reserve for such annuities shall be transferred to the annuity payment reserve.\nThere shall be charged to this reserve amounts refunded, except refunds under Section 11-204.","path":["CHAPTER 40 PENSIONS","Illinois Pension Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=638\u0026ChapterID=9\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"fec5fca3c9b7f8bfba3fc7708d864c86ce89b56ad08efc77a98da424983d5e7c","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-11-202","next":"us-il/40-ilcs-5-11-204"},"notice":"GroundRules: Original legal text. Not legal advice."}
