40 ILCS 5/8-235

(40 ILCS 5/8-235) (from Ch. 108 1/2, par. 8-235)

Sec. 8-235.

Basis of actual compensation.

"Actual Compensation" of any employee whose actual compensation (as
defined herein) is arranged upon other than a yearly basis shall be
determined by the following schedule:

Monthly basis:--12 times the amount of actual compensation per month.

Weekly basis:--52 times the amount of actual compensation per week.

Daily basis:--300 times the amount of actual compensation per day.

Hourly basis:--2400 times the amount of actual compensation per hour.

(Source: Laws 1963, p. 161.)