(40 ILCS 5/6-206) (from Ch. 108 1/2, par. 6-206)
Sec. 6-206.
Deficiencies in reserves.
If at any time the balance in the expense reserve, the prior service
annuity reserve, the child's annuity reserve, the duty disability
reserve, or the ordinary disability reserve (either one of these) is not
sufficient to provide for expenses, annuities or benefits which are
chargeable to such reserves, the remainder required shall be transferred
from any or all of the following named reserves in the order stated:
city contribution reserve, prior service annuity reserve, salary deduction
reserve. When amounts in excess of that required to pay any
expenses, annuities or benefits chargeable to the reserves to which such
sums have been transferred shall be received into such reserves, such
excess amounts shall be transferred to the reserves from which any such
sums were taken until the full sum is returned to the reserves from
which a transfer was made. Interest at 4% per annum upon any transfer
and retransfer shall be credited to the investment and interest reserve.
(Source: P.A. 81-1536.)
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