(40 ILCS 5/11-211) (from Ch. 108 1/2, par. 11-211)
Sec. 11-211.
Deficiencies in reserves.
If the balance in the expense reserve, the prior service annuity
reserve, the child's annuity reserve, the duty disability reserve or the
ordinary disability reserve, or either one of these is not sufficient to
provide for expenses, annuities, or benefits chargeable thereto, the
deficiency shall be removed by a transfer from the following reserves in
the order stated: City contribution reserve; prior service annuity
reserve; employees' contribution reserve; annuity payment reserve. When
an excess exists in the said reserves to which a transfer was made, the
excess shall be transferred from any of such reserves to the reserves
from which a transfer had been made until the full sum previously
transferred is restored. Interest of 4% per annum upon such transfers
and retransfers shall be credited to the investment and interest
reserve.
(Source: P.A. 81-1536.)
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