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(40 ILCS 5/15-146) (from Ch. 108 1/2, par. 15-146)
Sec. 15-146. Survivors insurance benefits - Minimum amounts.
(a) The minimum total survivors annuity payable on account of the
death of a participant shall be 50% of the retirement annuity which
would have been provided under Rule 1, Rule 2, or Rule 3 of
Section 15-136 upon the participant's attainment of the minimum
age at which the penalty for early retirement would not be applicable or
the date of the participant's death, whichever is later, on the basis of
credits earned prior to the time of death.
(b) The minimum total survivors annuity payable on account of the death
of an annuitant shall be 50% of the retirement annuity which is payable
under Section 15-136 at the time of death or 50% of the disability retirement
annuity payable under Section 15-153.2. This
minimum survivors annuity shall apply to each participant and
annuitant who dies after September 16, 1979, whether or not
his or her employee status terminates before or after that date.
(c) If an annuitant has elected a reversionary annuity, the retirement
annuity referred to in this Section is that which would have been payable
had such election not been filed.
(d) Beginning January 1, 2002, any person who is receiving a survivors
annuity under this Article which, after inclusion of all one-time and automatic
annual increases to which the person is entitled, is less than the sum of
$17.50 for each year (up to a maximum of 30 years) of the deceased member's
service credit, shall be entitled to a monthly supplemental payment equal to
the difference.
If 2 or more persons are receiving survivors annuities based on the same
deceased member, the calculation of the supplemental payment under this
subsection shall be based on the total of those annuities and divided pro
rata. The supplemental payment is not subject to any limitation on the
maximum amount of the annuity and shall not be included in the calculation
of any automatic annual increase under Section 15-145.
(Source: P.A. 98-92, eff. 7-16-13.)
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