An employee who attains age 60 or more but less than age 65 in service, upon withdrawal, shall be entitled to annuity as of his attained age at such time as follows: 1. Present Employee--age and service and prior service annuities provided from the total credits for such annuities on the date of withdrawal. 2. Future entrant--age and service annuity provided from the total credits for such annuity on the date of withdrawal.
40 ILCS 5/8-131
Annuities-Present employees and future entrants-Withdrawal after age 60 and prior to 65
Laws 1963, p. 161.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.