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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 8-235. Basis of actual compensation.

72 words·~1 min read·/il/chapter-40/act-5/8-235

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Sec. 8-235. Basis of actual compensation.
"Actual Compensation" of any employee whose actual compensation (as defined herein) is arranged upon other than a yearly basis shall be determined by the following schedule:
Monthly basis:--12 times the amount of actual compensation per month.
Weekly basis:--52 times the amount of actual compensation per week.
Daily basis:--300 times the amount of actual compensation per day.
Hourly basis:--2400 times the amount of actual compensation per hour.
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