40 ILCS 5/8-235

40 ILCS 5/8-235
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(40 ILCS 5/8-235) (from Ch. 108 1/2, par. 8-235) 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. (Source: Laws 1963, p. 161.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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