(40 ILCS 5/11-141) (from Ch. 108 1/2, par. 11-141)
Sec. 11-141.
Widow's annuity - Present employees and future
entrants - Withdrawal after age 55 but before 60.
The widow of an employee who, (1) attains age 55 or more but less
than age 60 in service, and (2) has served 10 or more years and (3)
withdraws from service, shall be entitled after his death to an annuity
fixed as of the date of withdrawal.
The widow is entitled to receive the amount provided on a
reversionary annuity basis from the total sum accumulated to the
employee's credit on the date when the annuity was fixed, as follows:
(1) If service is 20 or more years, the total credits for widow's
annuity and in addition, if he was a present employee, the total credits
for widow's prior service annuity; or
(2) If service is 10 or more but less than 20 years, the total
credits for widow's annuity from employee contributions and 1/10 of the
total credits for widow's annuity from city contributions for each year
of service after the first 10 years, including for the widow of a
present employee 1/10 of the total credits for widow's prior service
annuity from city contributions for each year of service after the first
10 years.
(Source: P.A. 81-1536.)
|