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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 15-103.2. Portable Benefit Package. “Portable benefit package”: The defined benefit retirement program maintained under the System which includes retirement annuities payable directly from the System as provided in Sections 15-135 through 15-139 (specifically including Section 15-136.4), disability retirement annuities payable under Section 15-153.2, death benefits payable directly from the System as provided in Sections 15-141 through 15-144, and contribution refunds as provided in Section 15-154. The portable benefit package also includes disability benefits as provided in Sections 15-150 through 15-153.3. The portable benefit package does not include the survivors insurance benefits payable directly from the System as provided in Sections 15-145 through 15-149.
Cite this article: FindLaw.com - Illinois Statutes Chapter 40. Pensions § 5/15-103.2. Portable Benefit Package - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-40-pensions/il-st-sect-40-5-15-103-2/
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