(40 ILCS 5/2-149)
(from Ch. 108 1/2, par. 2-149)
Each participant shall, by virtue of the payment
of the participant contributions paid
to the system, receive a vested
interest in the refunds provided herein, and in consideration of such vested
interest agrees to and authorizes the deductions from
salary of all contributions required under this Article.
Payment of salary as prescribed by law, less the required participant
contributions, shall, together
with the vested rights in the refunds,
be a full and complete discharge of all claims of payments for service rendered
by a participant during the period covered by any such payment.
(Source: P.A. 83-1440.)