40 ILCS 5/15-138

Current through Public Act 103-1052
Section 40 ILCS 5/15-138 - Retirement annuities-Reduction

If a participant elects to have a reversionary annuity under this Article, the retirement annuity otherwise payable shall be reduced by the actuarial equivalent of the amount required to provide the reversionary annuity.

40 ILCS 5/15-138

P.A. 83-1440.