The following definitions are provided to help you understand terms we regularly use in our seminars, correspondence, and publications. These definitions are general, not technical, in nature. For detailed definitions, please see the Illinois Pension Code, Article 16.

W

warrant

An order (check) drawn by the Office of the Comptroller, co-signed by the State Treasurer, and paying a specified amount to the person or entity named. Refunds, if contributions to employers, are paid by state warrants.