Part 1540: THE ADMINISTRATION AND OPERATION OF THE STATE EMPLOYEES' RETIREMENT SYSTEM OF ILLINOIS

Section 1540.50 Credit for Service for Which Contributions are Permitted a) Exercise of Option 1) For purposes of purchasing certain service credit provided for in the Act, any member of the System as defined in such Act who meets the requirements shall be eligible to exercise an…

Section 1540.60 Severance of Employment – A Condition to the Payment of a Refund or Retirement Annuity a) Application for Refund or Retirement Annuity Any member who is eligible to receive a refund of contributions or a retirement annuity may elect to apply for that refund or ret…

Section 1540.70 Death Benefits and Survivor's Annuities a) Benefit Application Any person claiming a death benefit or survivor's annuity shall file at the Springfield Office of the System a written application for such benefit on a form prescribed by the Board. b) Proof of Death …

Section 1540.80 Disability Claims a) Nonoccupational Disability and Temporary Disability 1) Any member of the State Employees' Retirement System (SERS) claiming benefits for nonoccupational disability or temporary disability shall file at the Springfield Office of SERS a written …

Section 1540.81 Occupational Death Benefits For the purpose of determining a survivor's eligibility for occupational death benefits, a member's death shall be deemed as the proximate result of bodily injuries sustained or a hazard undergone while in the performance and within the…

Section 1540.85 Benefit Suspension and Termination for Gainful Employment or Activity a) Suspension of Benefit for Gainful Employment or Activity If the System becomes aware that a member who is receiving an occupational, nonoccupational, or temporary disability benefit under Art…

Section 1540.90 Benefit Offset a) Occupational Disability, Occupational Death, and Survivor’s annuity Any amounts received under the Workers' Compensation Act [820 ILCS 305] or the Workers' Occupational Diseases Act [820 ILCS 310] as compensation for the disability or death of a …

Section 1540.APPENDIX A Grievance Form Grievance Discrimination Based on Disability It is the policy of the State Employees' Retirement System to provide assistance in filling out this form. If assistance is needed, please ask: State Employees' Retirement System, ADA Coordinator …

Section 1540.TABLE A Optional Forms of Benefits - Basis of Computation AGE A B 1 0.000342 0.000171 2 0.000342 0.000171 3 0.000342 0.000171 4 0.000342 0.000171 5 0.000342 0.000171 6 0.000342 0.000140 7 0.000318 0.000118 8 0.000302 0.000104 9 0.000294 0.000097 10 0.000292 0.000096 …