40 ILCS 5/ Illinois Pension Code.

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40 ILCS 5/22-302

(40 ILCS 5/22-302) (from Ch. 108 1/2, par. 22-302)

Sec. 22-302.

Beneficiaries of allowance.

Any payment of death allowance made hereunder shall be made as follows:

(a) If there is a widow and minor child or children, then in equal parts
to the widow and minor child or children;

(b) If there is no widow but there is a minor child or children, then to
the minor child or children in equal parts;

(c) If there is no minor child or children but there is a widow, then
the entire allowance to the widow;

(d) If there is no widow or minor child, then to the next of kin
actually dependent on the deceased at the time of his death.

Provided, that in paying any allowance aforesaid any parent that is
actually dependent on the deceased at the time of his death shall be
entitled to share in such benefits on the same basis as the minor children
of the deceased; and a female unmarried child of full age or a male child
of full age that is physically or mentally disabled and wholly dependent on
the deceased for support at the time of his death, shall be entitled to the
use and benefit of such allowance in the same manner and to the same degree
as a minor child.

(Source: Laws 1963, p. 161.)

40 ILCS 5/22-303

(40 ILCS 5/22-303) (from Ch. 108 1/2, par. 22-303)

Sec. 22-303.

Conservation of allowance.

The corporate authorities of any such city or village may make provision
by ordinance for the conservation of the money paid under the foregoing
sections of this Division and the income therefrom through the means of a
duly accredited National or State bank acting as trustee of the fund
created thereby and making payments therefrom at stated intervals to such
family or dependents.

In the event any such corporate authorities shall make provision by
ordinance for the conservation of the money by the naming of a State or
National bank to act as trustee, such ordinance may specify the general
classes of securities, including tax warrants, in which such trustee may
invest such fund. It shall be unlawful for the trustee to invest the same
in any other class of securities except such as are so specified.

(Source: Laws 1963, p. 161.)

40 ILCS 5/22-304

(40 ILCS 5/22-304) (from Ch. 108 1/2, par. 22-304)

Sec. 22-304.

Source of payment.

The allowance of money to be paid in accordance with the foregoing
provisions of this Division may be paid:

(a) from a fund created and maintained out of the corporate revenues of
such city or village in such manner as the corporate authorities may
direct, or

(b) by means of group insurance taken out by such city or village for
the benefit of the families or dependents of policemen and firemen in a
regularly accredited legal reserve life insurance company with premiums to
be paid out of the corporate revenues of the city or village.

(Source: Laws 1963, p. 161.)

40 ILCS 5/22-305

(40 ILCS 5/22-305) (from Ch. 108 1/2, par. 22-305)

Sec. 22-305.

Certificate of clerk or other officer.

Upon the death of a policeman or fireman who is killed or fatally
injured while in the performance of his duty, the city or village clerk, as
the case may be, or any officer of such city or village authorized by the
corporate authorities of such city or village to act in lieu of such clerk,
shall make out a certificate in such form as may be prescribed by
ordinance. Such certificate shall set forth the facts which caused the
death, and shall have attached the certificate of the attending physician
or the chief health officer of the city or village, stating that such death
was the result of violence or accident. The certificates shall be filed
with the treasurer of the city or village if the allowance is to be paid
out of the corporate fund set apart for that purpose. If insurance has been
taken out the certificates shall be forwarded to the life insurance company
liable therefor. Upon the presentation of said certificates, payment shall
be made out of such fund or by such life insurance company, as the case may
be, to the executor or administrator of the estate of such policeman or
fireman, or to the bank acting as the trustee for such purpose if such
trustee has been provided for by ordinance.

(Source: Laws 1963, p. 161.)