40 ILCS 5/8-121

40 ILCS 5/8-121
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(40 ILCS 5/8-121) (from Ch. 108 1/2, par. 8-121) Sec. 8-121. Withdrawal from service or withdrawal. "Withdrawal from service" or "withdrawal": Discharge or resignation of an employee. For the purpose of improving sums to the credit of municipal employees for annuity purposes at the 3%, 3 1/2% or 4% per annum interest rate herein provided, re-entrance into service within 12 months after withdrawal from service by persons who have not received a refund under this Article shall be considered continuation in service; and for refund purposes a withdrawal from service shall not be final until 30 days after the effective date of the withdrawal. (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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