Illinois § 11-203
Full text of Illinois Illinois Compiled Statutes § 11-203, with citation guidance and answers to common questions.
§ 11-203.
Employees' contribution reserve. Amounts deducted from employee's salaries for age and service annuity and widow's annuity, or otherwise contributed by employees, amounts contributed by the city for such annuities for an employee receiving duty disability benefit, and transfers to this reserve from the investment and interest reserve, shall be credited to this reserve. An individual account shall be kept in this reserve for each employee to which such salary deductions and contributions shall be credited. When the annuity for any employee or his widow is fixed or granted, the amount in this reserve for such annuities shall be transferred to the annuity payment reserve. There shall be charged to this reserve amounts refunded, except refunds under Section 11-204. (Source: P.A. 81-1536.)
Frequently Asked Questions About Illinois § 11-203
What does Illinois Compiled Statutes § 11-203 cover?
Section 11-203 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 11-203?
A common citation format is "Illinois Compiled Statutes § 11-203" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 11-203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.