§ 5 ILCS 340/1 This Act shall be known and may be cited as the “Voluntary Payroll …
§ 5 ILCS 340/2 Public policy
§ 5 ILCS 340/3 Definitions
§ 5 ILCS 340/4 Employee withholding
§ 5 ILCS 340/4.5 State annuitant withholding
§ 5 ILCS 340/5 Rules; Advisory Committee
§ 5 ILCS 340/6 Pursuant to the provision of Section 5, rules shall be promulgated …
§ 5 ILCS 340/7 Notwithstanding any other provision of this Act, a participating …
§ 5 ILCS 340/8 Reports
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Terms Used In Illinois Compiled Statutes > 5 ILCS 340 - Voluntary Payroll Deductions Act of 1983

  • 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.
  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.