(40 ILCS 5/11-152)
(from Ch. 108 1/2, par. 11-152)
Term annuities - How computed.
In any case in which an
employee's credit for an annuity for himself or his widow is insufficient - at
the time the annuity is fixed - to provide a life annuity of $100 a
month for the employee or his widow, a term annuity of equal actuarial value of
$100 a month shall be paid for such time as such payments can be made
from such credits for the respective annuities.
(Source: P.A. 79-1154.)