[ Back ] [ Bottom ]
92_HB0235
LRB9203749EGfg
1 AN ACT in relation to public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by
5 changing Sections 14-103.05 and 14-110 as follows:
6 (40 ILCS 5/14-103.05) (from Ch. 108 1/2, par. 14-103.05)
7 Sec. 14-103.05. Employee.
8 (a) Any person employed by a Department who receives
9 salary for personal services rendered to the Department on a
10 warrant issued pursuant to a payroll voucher certified by a
11 Department and drawn by the State Comptroller upon the State
12 Treasurer, including an elected official described in
13 subparagraph (d) of Section 14-104, shall become an employee
14 for purpose of membership in the Retirement System on the
15 first day of such employment.
16 A person entering service on or after January 1, 1972 and
17 prior to January 1, 1984 shall become a member as a condition
18 of employment and shall begin making contributions as of the
19 first day of employment.
20 A person entering service on or after January 1, 1984
21 shall, upon completion of 6 months of continuous service
22 which is not interrupted by a break of more than 2 months,
23 become a member as a condition of employment. Contributions
24 shall begin the first of the month after completion of the
25 qualifying period.
26 The qualifying period of 6 months of service is not
27 applicable to: (1) a person who has been granted credit for
28 service in a position covered by the State Universities
29 Retirement System, the Teachers' Retirement System of the
30 State of Illinois, the General Assembly Retirement System, or
31 the Judges Retirement System of Illinois unless that service
-2- LRB9203749EGfg
1 has been forfeited under the laws of those systems; (2) a
2 person entering service on or after July 1, 1991 in a
3 noncovered position; or (3) a person to whom Section
4 14-108.2a or 14-108.2b applies.
5 (b) The term "employee" does not include the following:
6 (1) members of the State Legislature, and persons
7 electing to become members of the General Assembly
8 Retirement System pursuant to Section 2-105;
9 (2) incumbents of offices normally filled by vote
10 of the people;
11 (3) except as otherwise provided in this Section,
12 any person appointed by the Governor with the advice and
13 consent of the Senate unless that person elects to
14 participate in this system;
15 (4) except as provided in Section 14-108.2, any
16 person who is covered or eligible to be covered by the
17 Teachers' Retirement System of the State of Illinois, the
18 State Universities Retirement System, or the Judges
19 Retirement System of Illinois;
20 (5) an employee of a municipality or any other
21 political subdivision of the State;
22 (6) any person who becomes an employee after June
23 30, 1979 as a public service employment program
24 participant under the Federal Comprehensive Employment
25 and Training Act and whose wages or fringe benefits are
26 paid in whole or in part by funds provided under such
27 Act;
28 (7) enrollees of the Illinois Young Adult
29 Conservation Corps program, administered by the
30 Department of Natural Resources, authorized grantee
31 pursuant to Title VIII of the "Comprehensive Employment
32 and Training Act of 1973", 29 USC 993, as now or
33 hereafter amended;
34 (8) enrollees and temporary staff of programs
-3- LRB9203749EGfg
1 administered by the Department of Natural Resources under
2 the Youth Conservation Corps Act of 1970;
3 (9) any person who is a member of any professional
4 licensing or disciplinary board created under an Act
5 administered by the Department of Professional Regulation
6 or a successor agency or created or re-created after the
7 effective date of this amendatory Act of 1997, and who
8 receives per diem compensation rather than a salary,
9 notwithstanding that such per diem compensation is paid
10 by warrant issued pursuant to a payroll voucher; such
11 persons have never been included in the membership of
12 this System, and this amendatory Act of 1987 (P.A.
13 84-1472) is not intended to effect any change in the
14 status of such persons;
15 (10) any person who is a member of the Illinois
16 Health Care Cost Containment Council, and receives per
17 diem compensation rather than a salary, notwithstanding
18 that such per diem compensation is paid by warrant issued
19 pursuant to a payroll voucher; such persons have never
20 been included in the membership of this System, and this
21 amendatory Act of 1987 is not intended to effect any
22 change in the status of such persons; or
23 (11) any person who is a member of the Oil and Gas
24 Board created by Section 1.2 of the Illinois Oil and Gas
25 Act, and receives per diem compensation rather than a
26 salary, notwithstanding that such per diem compensation
27 is paid by warrant issued pursuant to a payroll voucher.
28 (c) An individual who is employed on a full-time basis
29 as an officer or employee of a statewide labor organization
30 that represents members of this System may participate in the
31 System and shall be deemed an employee, provided that (1) the
32 individual has previously earned creditable service under
33 this Article, (2) the individual files with the System an
34 irrevocable election to become a participant, and (3) the
-4- LRB9203749EGfg
1 individual does not receive credit for that employment under
2 any other public pension plan or retirement system (other
3 than social security). An employee under this subsection (c)
4 is responsible for paying to the System both (i) employee
5 contributions based on compensation as defined in this
6 subsection and (ii) employer contributions based on that
7 compensation and the percentage of payroll certified by the
8 board; all or any part of these contributions may be paid on
9 the employee's behalf or picked up for tax purposes (if
10 authorized under federal law) by the labor organization.
11 While participating in the System under this subsection
12 (c), the participant's rate of compensation, for all purposes
13 of this Article and the Retirement Systems Reciprocal Act,
14 shall be deemed to be the rate of compensation that the
15 participant would have received if he or she had continued in
16 the position that he or she held on the last day as an
17 employee in this System prior to beginning participation
18 under this subsection (c), including all scheduled
19 satisfactory performance increases and other salary increases
20 applicable from time to time to persons in that position (or,
21 if that position is eliminated, applicable to persons in
22 similar positions under the same pay plan or its successor).
23 The rate of compensation for a participant under this
24 subsection (c) shall be determined by the Board, in its sole
25 discretion.
26 A person who is an employee as defined in this subsection
27 may establish service credit for similar employment prior to
28 becoming an employee under this subsection by paying to the
29 System for that employment the contributions specified in
30 this subsection, plus interest at the effective rate from the
31 date of service to the date of payment. However, credit
32 shall not be granted under this subsection for any such prior
33 employment for which the applicant received credit under any
34 other public pension plan or retirement system (other than
-5- LRB9203749EGfg
1 social security).
2 (Source: P.A. 89-246; eff. 8-4-95; 89-445, eff. 2-7-96;
3 90-448, eff. 8-16-97.)
4 (40 ILCS 5/14-110) (from Ch. 108 1/2, par. 14-110)
5 Sec. 14-110. Alternative retirement annuity.
6 (a) Any member who has withdrawn from service with not
7 less than 20 years of eligible creditable service and has
8 attained age 55, and any member who has withdrawn from
9 service with not less than 25 years of eligible creditable
10 service and has attained age 50, regardless of whether the
11 attainment of either of the specified ages occurs while the
12 member is still in service, shall be entitled to receive at
13 the option of the member, in lieu of the regular or minimum
14 retirement annuity, a retirement annuity computed as
15 follows:
16 (i) for periods of service as a noncovered
17 employee, 2 1/4% of final average compensation for each
18 of the first 10 years of creditable service, 2 1/2% for
19 each year above 10 years to and including 20 years of
20 creditable service, and 2 3/4% for each year of
21 creditable service above 20 years; and
22 (ii) for periods of eligible creditable service as
23 a covered employee, 1.67% of final average compensation
24 for each of the first 10 years of such service, 1.90% for
25 each of the next 10 years of such service, 2.10% for each
26 year of such service in excess of 20 but not exceeding
27 30, and 2.30% for each year in excess of 30.
28 Such annuity shall be subject to a maximum of 75% of
29 final average compensation. These rates shall not be
30 applicable to any service performed by a member as a covered
31 employee which is not eligible creditable service. Service
32 as a covered employee which is not eligible creditable
33 service shall be subject to the rates and provisions of
-6- LRB9203749EGfg
1 Section 14-108.
2 (b) For the purpose of this Section, "eligible
3 creditable service" means creditable service resulting from
4 service in one or more of the following positions:
5 (1) State policeman;
6 (2) fire fighter in the fire protection service of
7 a department;
8 (3) air pilot;
9 (4) special agent;
10 (5) investigator for the Secretary of State;
11 (6) conservation police officer;
12 (7) investigator for the Department of Revenue;
13 (8) security employee of the Department of Human
14 Services;
15 (9) Central Management Services security police
16 officer;
17 (10) security employee of the Department of
18 Corrections;
19 (11) dangerous drugs investigator;
20 (12) investigator for the Department of State
21 Police;
22 (13) investigator for the Office of the Attorney
23 General;
24 (14) controlled substance inspector;
25 (15) investigator for the Office of the State's
26 Attorneys Appellate Prosecutor;
27 (16) Commerce Commission police officer;
28 (17) arson investigator;
29 (18) State highway maintenance worker.
30 A person employed in one of the positions specified in
31 this subsection is entitled to eligible creditable service
32 for service credit earned under this Article while undergoing
33 the basic police training course approved by the Illinois Law
34 Enforcement Training Standards Board, if completion of that
-7- LRB9203749EGfg
1 training is required of persons serving in that position.
2 For the purposes of this Code, service during the required
3 basic police training course shall be deemed performance of
4 the duties of the specified position, even though the person
5 is not a sworn peace officer at the time of the training.
6 (c) For the purposes of this Section:
7 (1) The term "state policeman" includes any title
8 or position in the Department of State Police that is
9 held by an individual employed under the State Police
10 Act.
11 (2) The term "fire fighter in the fire protection
12 service of a department" includes all officers in such
13 fire protection service including fire chiefs and
14 assistant fire chiefs.
15 (3) The term "air pilot" includes any employee
16 whose official job description on file in the Department
17 of Central Management Services, or in the department by
18 which he is employed if that department is not covered by
19 the Personnel Code, states that his principal duty is the
20 operation of aircraft, and who possesses a pilot's
21 license; however, the change in this definition made by
22 this amendatory Act of 1983 shall not operate to exclude
23 any noncovered employee who was an "air pilot" for the
24 purposes of this Section on January 1, 1984.
25 (4) The term "special agent" means any person who
26 by reason of employment by the Division of Narcotic
27 Control, the Bureau of Investigation or, after July 1,
28 1977, the Division of Criminal Investigation, the
29 Division of Internal Investigation, the Division of
30 Operations, or any other Division or organizational
31 entity in the Department of State Police is vested by law
32 with duties to maintain public order, investigate
33 violations of the criminal law of this State, enforce the
34 laws of this State, make arrests and recover property.
-8- LRB9203749EGfg
1 The term "special agent" includes any title or position
2 in the Department of State Police that is held by an
3 individual employed under the State Police Act.
4 (5) The term "investigator for the Secretary of
5 State" means any person employed by the Office of the
6 Secretary of State and vested with such investigative
7 duties as render him ineligible for coverage under the
8 Social Security Act by reason of Sections 218(d)(5)(A),
9 218(d)(8)(D) and 218(l)(1) of that Act.
10 A person who became employed as an investigator for
11 the Secretary of State between January 1, 1967 and
12 December 31, 1975, and who has served as such until
13 attainment of age 60, either continuously or with a
14 single break in service of not more than 3 years
15 duration, which break terminated before January 1, 1976,
16 shall be entitled to have his retirement annuity
17 calculated in accordance with subsection (a),
18 notwithstanding that he has less than 20 years of credit
19 for such service.
20 (6) The term "Conservation Police Officer" means
21 any person employed by the Division of Law Enforcement of
22 the Department of Natural Resources and vested with such
23 law enforcement duties as render him ineligible for
24 coverage under the Social Security Act by reason of
25 Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of
26 that Act. The term "Conservation Police Officer"
27 includes the positions of Chief Conservation Police
28 Administrator and Assistant Conservation Police
29 Administrator.
30 (7) The term "investigator for the Department of
31 Revenue" means any person employed by the Department of
32 Revenue and vested with such investigative duties as
33 render him ineligible for coverage under the Social
34 Security Act by reason of Sections 218(d)(5)(A),
-9- LRB9203749EGfg
1 218(d)(8)(D) and 218(l)(1) of that Act.
2 (8) The term "security employee of the Department
3 of Human Services" means any person employed by the
4 Department of Human Services who is employed at the
5 Chester Mental Health Center and has daily contact with
6 the residents thereof, or who is a mental health police
7 officer. "Mental health police officer" means any person
8 employed by the Department of Human Services in a
9 position pertaining to the Department's mental health and
10 developmental disabilities functions who is vested with
11 such law enforcement duties as render the person
12 ineligible for coverage under the Social Security Act by
13 reason of Sections 218(d)(5)(A), 218(d)(8)(D) and
14 218(l)(1) of that Act.
15 (9) "Central Management Services security police
16 officer" means any person employed by the Department of
17 Central Management Services who is vested with such law
18 enforcement duties as render him ineligible for coverage
19 under the Social Security Act by reason of Sections
20 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.
21 (10) The term "security employee of the Department
22 of Corrections" means any employee of the Department of
23 Corrections or the former Department of Personnel, and
24 any member or employee of the Prisoner Review Board, who
25 has daily contact with inmates by working within a
26 correctional facility or who is a parole officer or an
27 employee who has direct contact with committed persons in
28 the performance of his or her job duties.
29 (11) The term "dangerous drugs investigator" means
30 any person who is employed as such by the Department of
31 Human Services.
32 (12) The term "investigator for the Department of
33 State Police" means a person employed by the Department
34 of State Police who is vested under Section 4 of the
-10- LRB9203749EGfg
1 Narcotic Control Division Abolition Act with such law
2 enforcement powers as render him ineligible for coverage
3 under the Social Security Act by reason of Sections
4 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.
5 (13) "Investigator for the Office of the Attorney
6 General" means any person who is employed as such by the
7 Office of the Attorney General and is vested with such
8 investigative duties as render him ineligible for
9 coverage under the Social Security Act by reason of
10 Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that
11 Act. For the period before January 1, 1989, the term
12 includes all persons who were employed as investigators
13 by the Office of the Attorney General, without regard to
14 social security status.
15 (14) "Controlled substance inspector" means any
16 person who is employed as such by the Department of
17 Professional Regulation and is vested with such law
18 enforcement duties as render him ineligible for coverage
19 under the Social Security Act by reason of Sections
20 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.
21 The term "controlled substance inspector" includes the
22 Program Executive of Enforcement and the Assistant
23 Program Executive of Enforcement.
24 (15) The term "investigator for the Office of the
25 State's Attorneys Appellate Prosecutor" means a person
26 employed in that capacity on a full time basis under the
27 authority of Section 7.06 of the State's Attorneys
28 Appellate Prosecutor's Act.
29 (16) "Commerce Commission police officer" means any
30 person employed by the Illinois Commerce Commission who
31 is vested with such law enforcement duties as render him
32 ineligible for coverage under the Social Security Act by
33 reason of Sections 218(d)(5)(A), 218(d)(8)(D), and
34 218(l)(1) of that Act.
-11- LRB9203749EGfg
1 (17) "Arson investigator" means any person who is
2 employed as such by the Office of the State Fire Marshal
3 and is vested with such law enforcement duties as render
4 the person ineligible for coverage under the Social
5 Security Act by reason of Sections 218(d)(5)(A),
6 218(d)(8)(D), and 218(l)(1) of that Act. A person who
7 was employed as an arson investigator on January 1, 1995
8 and is no longer in service but not yet receiving a
9 retirement annuity may convert his or her creditable
10 service for employment as an arson investigator into
11 eligible creditable service by paying to the System the
12 difference between the employee contributions actually
13 paid for that service and the amounts that would have
14 been contributed if the applicant were contributing at
15 the rate applicable to persons with the same social
16 security status earning eligible creditable service on
17 the date of application.
18 (18) The term "State highway maintenance worker"
19 means a person who is either of the following:
20 (i) A person employed on a full-time basis by
21 the Illinois Department of Transportation in the
22 position of highway maintainer, highway maintenance
23 lead worker, highway maintenance lead/lead worker,
24 heavy construction equipment operator, power shovel
25 operator, or bridge mechanic; and whose principal
26 responsibility is to perform, on the roadway, the
27 actual maintenance necessary to keep the highways
28 that form a part of the State highway system in
29 serviceable condition for vehicular traffic.
30 (ii) A person employed on a full-time basis by
31 the Illinois State Toll Highway Authority in the
32 position of equipment operator/laborer H-4,
33 equipment operator/laborer H-6, welder H-4,
34 welder H-6, mechanical/electrical H-4,
-12- LRB9203749EGfg
1 mechanical/electrical H-6, water/sewer H-4,
2 water/sewer H-6, sign maker/hanger H-4, sign
3 maker/hanger H-6, roadway lighting H-4, roadway
4 lighting H-6, structural H-4, structural H-6,
5 painter H-4, or painter H-6; and whose principal
6 responsibility is to perform, on the roadway, the
7 actual maintenance necessary to keep the Authority's
8 tollways in serviceable condition for vehicular
9 traffic.
10 (d) A security employee of the Department of
11 Corrections, and a security employee of the Department of
12 Human Services who is not a mental health police officer,
13 shall not be eligible for the alternative retirement annuity
14 provided by this Section unless he or she meets the following
15 minimum age and service requirements at the time of
16 retirement:
17 (i) 25 years of eligible creditable service and age
18 55; or
19 (ii) beginning January 1, 1987, 25 years of
20 eligible creditable service and age 54, or 24 years of
21 eligible creditable service and age 55; or
22 (iii) beginning January 1, 1988, 25 years of
23 eligible creditable service and age 53, or 23 years of
24 eligible creditable service and age 55; or
25 (iv) beginning January 1, 1989, 25 years of
26 eligible creditable service and age 52, or 22 years of
27 eligible creditable service and age 55; or
28 (v) beginning January 1, 1990, 25 years of eligible
29 creditable service and age 51, or 21 years of eligible
30 creditable service and age 55; or
31 (vi) beginning January 1, 1991, 25 years of
32 eligible creditable service and age 50, or 20 years of
33 eligible creditable service and age 55.
34 Persons who have service credit under Article 16 of this
-13- LRB9203749EGfg
1 Code for service as a security employee of the Department of
2 Corrections in a position requiring certification as a
3 teacher may count such service toward establishing their
4 eligibility under the service requirements of this Section;
5 but such service may be used only for establishing such
6 eligibility, and not for the purpose of increasing or
7 calculating any benefit.
8 (e) If a member enters military service while working in
9 a position in which eligible creditable service may be
10 earned, and returns to State service in the same or another
11 such position, and fulfills in all other respects the
12 conditions prescribed in this Article for credit for military
13 service, such military service shall be credited as eligible
14 creditable service for the purposes of the retirement annuity
15 prescribed in this Section.
16 (f) For purposes of calculating retirement annuities
17 under this Section, periods of service rendered after
18 December 31, 1968 and before October 1, 1975 as a covered
19 employee in the position of special agent, conservation
20 police officer, mental health police officer, or investigator
21 for the Secretary of State, shall be deemed to have been
22 service as a noncovered employee, provided that the employee
23 pays to the System prior to retirement an amount equal to (1)
24 the difference between the employee contributions that would
25 have been required for such service as a noncovered employee,
26 and the amount of employee contributions actually paid, plus
27 (2) if payment is made after July 31, 1987, regular interest
28 on the amount specified in item (1) from the date of service
29 to the date of payment.
30 For purposes of calculating retirement annuities under
31 this Section, periods of service rendered after December 31,
32 1968 and before January 1, 1982 as a covered employee in the
33 position of investigator for the Department of Revenue shall
34 be deemed to have been service as a noncovered employee,
-14- LRB9203749EGfg
1 provided that the employee pays to the System prior to
2 retirement an amount equal to (1) the difference between the
3 employee contributions that would have been required for such
4 service as a noncovered employee, and the amount of employee
5 contributions actually paid, plus (2) if payment is made
6 after January 1, 1990, regular interest on the amount
7 specified in item (1) from the date of service to the date of
8 payment.
9 (g) A State policeman may elect, not later than January
10 1, 1990, to establish eligible creditable service for up to
11 10 years of his service as a policeman under Article 3, by
12 filing a written election with the Board, accompanied by
13 payment of an amount to be determined by the Board, equal to
14 (i) the difference between the amount of employee and
15 employer contributions transferred to the System under
16 Section 3-110.5, and the amounts that would have been
17 contributed had such contributions been made at the rates
18 applicable to State policemen, plus (ii) interest thereon at
19 the effective rate for each year, compounded annually, from
20 the date of service to the date of payment.
21 Subject to the limitation in subsection (i), a State
22 policeman may elect, not later than July 1, 1993, to
23 establish eligible creditable service for up to 10 years of
24 his service as a member of the County Police Department under
25 Article 9, by filing a written election with the Board,
26 accompanied by payment of an amount to be determined by the
27 Board, equal to (i) the difference between the amount of
28 employee and employer contributions transferred to the System
29 under Section 9-121.10 and the amounts that would have been
30 contributed had those contributions been made at the rates
31 applicable to State policemen, plus (ii) interest thereon at
32 the effective rate for each year, compounded annually, from
33 the date of service to the date of payment.
34 (h) Subject to the limitation in subsection (i), a State
-15- LRB9203749EGfg
1 policeman or investigator for the Secretary of State may
2 elect to establish eligible creditable service for up to 12
3 years of his service as a policeman under Article 5, by
4 filing a written election with the Board on or before January
5 31, 1992, and paying to the System by January 31, 1994 an
6 amount to be determined by the Board, equal to (i) the
7 difference between the amount of employee and employer
8 contributions transferred to the System under Section 5-236,
9 and the amounts that would have been contributed had such
10 contributions been made at the rates applicable to State
11 policemen, plus (ii) interest thereon at the effective rate
12 for each year, compounded annually, from the date of service
13 to the date of payment.
14 Subject to the limitation in subsection (i), a State
15 policeman, conservation police officer, or investigator for
16 the Secretary of State may elect to establish eligible
17 creditable service for up to 10 years of service as a
18 sheriff's law enforcement employee under Article 7, by filing
19 a written election with the Board on or before January 31,
20 1993, and paying to the System by January 31, 1994 an amount
21 to be determined by the Board, equal to (i) the difference
22 between the amount of employee and employer contributions
23 transferred to the System under Section 7-139.7, and the
24 amounts that would have been contributed had such
25 contributions been made at the rates applicable to State
26 policemen, plus (ii) interest thereon at the effective rate
27 for each year, compounded annually, from the date of service
28 to the date of payment.
29 (i) The total amount of eligible creditable service
30 established by any person under subsections (g), (h), (j),
31 (k), and (l) of this Section shall not exceed 12 years.
32 (j) Subject to the limitation in subsection (i), an
33 investigator for the Office of the State's Attorneys
34 Appellate Prosecutor or a controlled substance inspector may
-16- LRB9203749EGfg
1 elect to establish eligible creditable service for up to 10
2 years of his service as a policeman under Article 3 or a
3 sheriff's law enforcement employee under Article 7, by filing
4 a written election with the Board, accompanied by payment of
5 an amount to be determined by the Board, equal to (1) the
6 difference between the amount of employee and employer
7 contributions transferred to the System under Section 3-110.6
8 or 7-139.8, and the amounts that would have been contributed
9 had such contributions been made at the rates applicable to
10 State policemen, plus (2) interest thereon at the effective
11 rate for each year, compounded annually, from the date of
12 service to the date of payment.
13 (k) Subject to the limitation in subsection (i) of this
14 Section, an alternative formula employee may elect to
15 establish eligible creditable service for periods spent as a
16 full-time law enforcement officer or full-time corrections
17 officer employed by the federal government or by a state or
18 local government located outside of Illinois, for which
19 credit is not held in any other public employee pension fund
20 or retirement system. To obtain this credit, the applicant
21 must file a written application with the Board by March 31,
22 1998, accompanied by evidence of eligibility acceptable to
23 the Board and payment of an amount to be determined by the
24 Board, equal to (1) employee contributions for the credit
25 being established, based upon the applicant's salary on the
26 first day as an alternative formula employee after the
27 employment for which credit is being established and the
28 rates then applicable to alternative formula employees, plus
29 (2) an amount determined by the Board to be the employer's
30 normal cost of the benefits accrued for the credit being
31 established, plus (3) regular interest on the amounts in
32 items (1) and (2) from the first day as an alternative
33 formula employee after the employment for which credit is
34 being established to the date of payment.
-17- LRB9203749EGfg
1 (l) Subject to the limitation in subsection (i), a
2 security employee of the Department of Corrections may elect,
3 not later than July 1, 1998, to establish eligible creditable
4 service for up to 10 years of his or her service as a
5 policeman under Article 3, by filing a written election with
6 the Board, accompanied by payment of an amount to be
7 determined by the Board, equal to (i) the difference between
8 the amount of employee and employer contributions transferred
9 to the System under Section 3-110.5, and the amounts that
10 would have been contributed had such contributions been made
11 at the rates applicable to security employees of the
12 Department of Corrections, plus (ii) interest thereon at the
13 effective rate for each year, compounded annually, from the
14 date of service to the date of payment.
15 (Source: P.A. 90-32, eff. 6-27-97; 91-357, eff. 7-29-99;
16 91-760, eff. 1-1-01.)
17 Section 99. Effective date. This Act takes effect upon
18 becoming law.
[ Top ]