(40 ILCS 5/9-122)
(from Ch. 108 1/2, par. 9-122)
Time of fixing annuities-Waiver.
No annuity or disability benefit shall be fixed, granted, or paid under
this Article before the effective date.
Any employee annuitant or widow annuitant may execute a waiver of his or
her right to receive any part of his or her total annuity. A waiver shall
take effect upon its being filed with the board. A waiver may not be
revoked after it is executed and filed, except within the first 30 days
after being filed.
(Source: Laws 1963, p. 161.)