(40 ILCS 5/8-175)
(from Ch. 108 1/2, par. 8-175)
Additional credits-Public school employees.
The board shall ascertain the contributions of each employee who on June
30, 1923, was a contributor to any municipal pension fund then in operation
in the city under the Public School Employee's Pension Act of 1903, and
which were applied to such fund between the day before the effective date
and July 1, 1923. Each such employee shall be credited with the total
employee contributions with interest thereon at the effective rate from the
last day of each month in which any such amount has been contributed to
July 1, 1923.
(Source: Laws 1963, p. 161.)