Illinois Statutes Chapter 40. Pensions § 5/7-207.1. Reserve For Variation In Benefit Payments

(a) Any employee contributions, not in excess of $10.00, received by the Fund subsequent to claim for and payment of a separation refund, provided, however, that upon request of any employee rightfully entitled thereto the aforesaid amount shall be paid him from this Reserve.

(b) Any benefit checks or warrants issued and outstanding more than two years.

(c) Any balances in Employee or Municipality Reserves that are not properly creditable to those Reserves.

(a) Benefit claims properly payable under this Article, the reserves for which have been previously transferred to this reserve or for which no reserves exist.

(b) Benefit overpayments deemed uncollectible by the Board.

(c) Amount required to adjust employee or municipal reserves to correct balance.