(40 ILCS 5/15-176)
(from Ch. 108 1/2, par. 15-176)
To accept gifts.
To accept any gift, grant or bequest of any money or securities; if the
grantor designates cash benefits for some or all of
the system's participants or annuitants, to carry
out such intent; if no such intent is designated,
to reduce the costs of the State.
(Source: P.A. 83-1440.)