(40 ILCS 5/9-146.2)
Automatic annual increase in widow's annuity.
(a) Every widow's annuity, other than a term annuity, shall be increased
on January 1, 1998 or the January 1 occurring on or immediately after the first
anniversary of the deceased employee's death, whichever occurs later, by an
amount equal to 3% of the amount of the annuity.
On each January 1 after the date of the initial increase under this Section,
the widow's annuity shall be increased by an amount equal to 3% of the amount
of the widow's annuity payable at the time of the increase, including any
increases previously granted under this Article.
(b) Limitations on the maximum amount of widow's annuity imposed under
Section 9-150 do not apply to the annual increases provided under this Section.
(c) The increases provided under this Section also apply to compensation
annuities and supplemental annuities payable under Section 9-147. The
increases provided under this Section do not apply to term annuities.
(Source: P.A. 90-32, eff. 6-27-97.)