(5 ILCS 415/10)
(a) A unit of government that enters into a contract or employment agreement, or renewal or renegotiation of an existing contract or employment agreement, that contains a provision for severance pay with an officer, agent, employee, or contractor must include the following provisions in the contract:
(1) a requirement that severance pay provided may
not exceed an amount greater than 20 weeks of compensation; and
(2) a prohibition of provision of severance pay
when the officer, agent, employee, or contractor has been fired for misconduct by the unit of government.
(b) Nothing in this Section creates an entitlement to severance pay in the absence of its contractual authorization or as otherwise authorized by law.
(Source: P.A. 100-895, eff. 1-1-19