(40 ILCS 5/5-122)
(from Ch. 108 1/2, par. 5-122)
Prior service annuity.
"Prior Service Annuity" shall be credited for present employees for
service rendered prior to the effective date in accordance with the
provisions of "Policemen's Annuity and Benefit Fund Act of the Illinois
Municipal Code" and this Article. Each such credit shall be improved by
interest during the time thereafter the employee is in service until his
annuity is fixed.
In determining such annuity, the annual salary for the entire period of
the employee's service prior to the effective date shall be the salary in
effect on the effective date.
(Source: Laws 1963, p. 161.)