Illinois Compiled Statutes 40 ILCS 5/8-187 – Contributions by city for duty disability benefit
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Terms Used In Illinois Compiled Statutes 40 ILCS 5/8-187
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
In lieu of all amounts ordinarily contributed by an employee and the city for age and service annuity, and widows’ annuity, the city shall contribute sums equal to such amounts for any period during which the employee receives duty disability benefit under this Article, or a temporary total disability benefit under the Workers’ Compensation Act if the disability results from a condition commonly termed heart attack or stroke or any other condition falling within the broad field of coronary involvement or heart disease, to be credited to the disabled employee for annuity purposes.