(a) The county, State or federal contributions authorized in Section 9-169 shall be applied first for the purposes of this Article 9 other than those stated in this Section.
     The balance of the sum produced from such contributions shall be applied for the following purposes:

Terms Used In Illinois Compiled Statutes 40 ILCS 5/9-182

  • 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.
  • State: when applied to different parts of the United States, may be construed to include the District of Columbia and the several territories, and the words "United States" may be construed to include the said district and territories. See Illinois Compiled Statutes 5 ILCS 70/1.14

        1. “An Act to provide for the formation and
    
disbursement of a pension fund in counties having a population of 150,000 or more inhabitants, for the benefit of officers and employees in the service of such counties”, approved June 29, 1915, as amended;
        2. Section 9-225 of this Article;
        3. To meet such part of any minimum annuity as shall
    
be in excess of the age and service annuity and prior service annuity, and to meet such part of any minimum widow’s annuity in excess of the amount of widow’s annuity and widow’s prior service annuity also for the purpose of providing the county cost of automatic increases in annuity after retirement in accordance with Section 9-133 and for any other purpose for which moneys are not otherwise provided in this Article;
        4. (Blank);
        5. (Blank).
     (b) (Blank).
  Previous section
Next section  
 Article 9 Contents