40 ILCS 5/6-146

40 ILCS 5/6-146
in effect
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(40 ILCS 5/6-146) (from Ch. 108 1/2, par. 6-146) Sec. 6-146. Term annuities-How computed. Whenever the sum to a fireman's credit for an annuity to him or his widow is insufficient to provide a life annuity of $25 per month to either of them, a term annuity of such amount of equal actuarial value shall be payable for the period of time established as the term period. Such annuity shall cease upon death prior to the end of the term period. (Source: Laws 1963, p. 161.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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