Chapter 40, PENSIONS

(40 ILCS 5/11-207) (from Ch. 108 1/2, par. 11-207) Sec. 11-207. Duty disability reserve. Amounts contributed by the city for duty disability benefits and child's disability benefits, and amounts contributed by the city for compensation annuity shall be credited to this reserve. S…

(40 ILCS 5/11-208) (from Ch. 108 1/2, par. 11-208) Sec. 11-208. Ordinary disability reserve. Amounts contributed by the city for ordinary disability benefit shall be credited to this reserve and such benefits shall be charged to it. (Source: Laws 1963, p. 161.)

(40 ILCS 5/11-209) (from Ch. 108 1/2, par. 11-209) Sec. 11-209. Gift reserve. Money or property received by the board for any purpose under other laws, or as gifts, grants, or bequests, or in any manner other than provided in any section of this Article shall be credited to this …

(40 ILCS 5/11-210) (from Ch. 108 1/2, par. 11-210) Sec. 11-210. Investment and interest reserve. (1) Gains from investments and interest earnings shall be credited to this reserve. Losses from investments shall be charged to it. From this reserve shall be transferred amounts due …

(40 ILCS 5/11-211) (from Ch. 108 1/2, par. 11-211) Sec. 11-211. Deficiencies in reserves. If the balance in the expense reserve, the prior service annuity reserve, the child's annuity reserve, the duty disability reserve or the ordinary disability reserve, or either one of these …

(40 ILCS 5/11-212) (from Ch. 108 1/2, par. 11-212) Sec. 11-212. Treasurer of fund. The city treasurer shall be ex-officio the treasurer and custodian of the fund and shall furnish to the board a bond of such amount as the board designates, which shall indemnify the board against …

(40 ILCS 5/11-213) (from Ch. 108 1/2, par. 11-213) Sec. 11-213. Attorney. The chief legal officer of the city shall be the legal advisor of and attorney for the board. If it shall deem such action necessary or advisable, the board may, in its discretion, employ another attorney f…

(40 ILCS 5/11-214) (from Ch. 108 1/2, par. 11-214) Sec. 11-214. Computation of term of service, annual salary and salary deductions. For the purpose of this Article, term of service, annual salary and salary deductions shall be computed as provided in Sections 11-215 to 11- 218, …

(40 ILCS 5/11-215) (from Ch. 108 1/2, par. 11-215) Sec. 11-215. Computation of service. (a) In computing the term of service of an employee prior to the effective date, the entire period beginning on the date he was first appointed and ending on the day before the effective date,…

(40 ILCS 5/11-215.1) (from Ch. 108 1/2, par. 11-215.1) Sec. 11-215.1. Concurrent Employment. If a participant in this fund is employed concurrently by an employer whose employees are participants in a public retirement system created under other Articles of the Illinois Pension C…

(40 ILCS 5/11-216) (from Ch. 108 1/2, par. 11-216) Sec. 11-216. Basis of service credit. (a) In computing the period of service of any employee for the minimum annuities, the following provisions shall govern: (1) all periods prior to the effective date shall be computed in accor…

(40 ILCS 5/11-217) (from Ch. 108 1/2, par. 11-217) Sec. 11-217. Basis of annual salary. For the purpose of this Article, the annual salary of an employee whose salary or wage is appropriated, fixed, or arranged in the annual appropriation ordinance upon other than an annual basis…

(40 ILCS 5/11-218) (from Ch. 108 1/2, par. 11-218) Sec. 11-218. Basis of salary deduction. The total of salary deductions for employee contributions for annuity purposes for any 1 calendar year shall not exceed that produced by the application of the proper salary deduction rates…

(40 ILCS 5/11-219) (from Ch. 108 1/2, par. 11-219) Sec. 11-219. Retirement Systems Reciprocal Act. The "Retirement Systems Reciprocal Act", being Article 20 of this Code, as now enacted or hereafter amended, is hereby adopted and made a part of this Article; provided that where t…

(40 ILCS 5/11-220) (from Ch. 108 1/2, par. 11-220) Sec. 11-220. Employees in territory annexed. Whenever territory is annexed to the city, any person then employed as a laborer by such annexed territory, who shall be employed by the city on the date of annexation shall automatica…

(40 ILCS 5/11-221) (from Ch. 108 1/2, par. 11-221) Sec. 11-221. Employees under Act. (a) Any contributor becoming employed on or after the effective date (except a participant in any other annuity, retirement or pension fund in operation in such city) shall be subject to the prov…

(40 ILCS 5/11-221.1) (from Ch. 108 1/2, par. 11-221.1) Sec. 11-221.1. Right of employees to contribute for certain other service. Any employee in the service, after having made contributions covering a period of 10 or more years to the annuity and benefit fund herein provided for…

(40 ILCS 5/11-221.2) (from Ch. 108 1/2, par. 11-221.2) Sec. 11-221.2. Establishment and restoration of service credit. (a) Beginning on the effective date of this amendatory Act of 1991, an employee who is still in service and is eligible to establish optional service credit unde…

(40 ILCS 5/11-221.3) Sec. 11-221.3. Payments and rollovers. (a) The Board may adopt rules prescribing the manner of repaying refunds and purchasing any other credits permitted under this Article. The rules may prescribe the manner of calculating interest when payments or repaymen…

(40 ILCS 5/11-222) (from Ch. 108 1/2, par. 11-222) Sec. 11-222. Certain park district employees. The "Exchange of Functions Act of 1957", to the extent that it applies to the fund, is incorporated into and made a part of this Article by express reference. Employees of a city who …

(40 ILCS 5/11-223) (from Ch. 108 1/2, par. 11-223) Sec. 11-223. Annuities, etc., exempt. (a) All annuities, refunds, pensions, and disability benefits granted under this Article shall be exempt from attachment or garnishment process and shall not be seized, taken, subjected to, d…

(40 ILCS 5/11-223.1) (from Ch. 108 1/2, par. 11-223.1) Sec. 11-223.1. Assignment for health, hospital, and medical insurance. The board may provide, by regulation, that any annuitant or pensioner may assign his annuity or disability benefit, or any part thereof, for the purpose o…

(40 ILCS 5/11-223.2) (from Ch. 108 1/2, par. 11-223.2) Sec. 11-223.2. Notification of assignment. The annuitant or pensioner shall notify the board in writing of the assignment of his annuity or disability benefit for payment of health, hospital or medical insurance premiums. Suc…

(40 ILCS 5/11-223.3) (from Ch. 108 1/2, par. 11-223.3) Sec. 11-223.3. Termination of assignment. Any notification of assignment and authorization to make insurance premium payments shall cease; (a) upon written notice to the board of termination of the assignment by the annuitant…

(40 ILCS 5/11-223.4) (from Ch. 108 1/2, par. 11-223.4) Sec. 11-223.4. Notification forms. The board shall prescribe a form or forms to be used for the notification of assignment required by Section 11-223.2. The board shall also prescribe a form or forms to be used for the notifi…

(40 ILCS 5/11-224) (from Ch. 108 1/2, par. 11-224) Sec. 11-224. Board members-No compensation. No member of the board shall receive any moneys from the fund as salary for service performed as a member or as an employee of the board. (Source: Laws 1963, p. 161.)

(40 ILCS 5/11-225) (from Ch. 108 1/2, par. 11-225) Sec. 11-225. No commissions on investments. No member of the board, and no person officially connected with the board, as employee, legal advisor, custodian of the fund or otherwise, shall have any right to receive any commission…

(40 ILCS 5/11-226) (from Ch. 108 1/2, par. 11-226) Sec. 11-226. Duties of municipal officers. The proper officers of the city and of the board of education and of the retirement board without cost to the fund, shall: (a) deduct all sums required to be deducted from the salaries o…

(40 ILCS 5/11-227) (from Ch. 108 1/2, par. 11-227) Sec. 11-227. Age of employee. For any employee who has filed an application for appointment to the service of an employer or retirement board, the age stated therein shall be conclusive evidence against the employee of his age fo…

(40 ILCS 5/11-228) (from Ch. 108 1/2, par. 11-228) Sec. 11-228. Office facilities. Suitable rooms for office and meetings of the board shall be assigned by the mayor of the city. (Source: Laws 1963, p. 161.)

(40 ILCS 5/11-229) (from Ch. 108 1/2, par. 11-229) Sec. 11-229. Compliance with article. All officers, officials, and employees of the city or of such board of education or of any retirement board concerned shall perform any and all acts required to carry out the intent and purpo…

(40 ILCS 5/11-230) (from Ch. 108 1/2, par. 11-230) Sec. 11-230. Felony conviction. None of the benefits provided in this Article shall be paid to any person who is convicted of any felony relating to or arising out of or in connection with his service as employee. None of the ben…

(40 ILCS 5/11-231) (from Ch. 108 1/2, par. 11-231) Sec. 11-231. Administrative review. The provisions of the Administrative Review Law, and all amendments and modifications thereof, and the rules adopted pursuant thereto shall apply to and govern all proceedings for the judicial …

(40 ILCS 5/11-232) (from Ch. 108 1/2, par. 11-232) Sec. 11-232. General provisions and savings clause. The provisions of Article 1 and Article 23 of this Code apply to this Article as though such provisions were fully set forth in this Article as a part thereof. (Source: Laws 196…

(40 ILCS 5/12-101) (from Ch. 108 1/2, par. 12-101) Sec. 12-101. Creation of fund. In each city of more than 500,000 population, and having a board of park commissioners, under and in pursuance of an Act of the General Assembly, for the purpose of locating, establishing and enclos…

(40 ILCS 5/12-102) (from Ch. 108 1/2, par. 12-102) Sec. 12-102. Terms defined. The terms used in this Article shall have the meanings ascribed to them in Sections 12-103 to 12-126, inclusive, except when the context otherwise requires. (Source: Laws 1963, p. 161.)

(40 ILCS 5/12-103) (from Ch. 108 1/2, par. 12-103) Sec. 12-103. The 1919 Act. "The 1919 Act": "An Act to provide for the creation, setting apart, formation, administration and disbursement of a park employees' and retirement board employees' annuity and benefit fund", approved Ju…

(40 ILCS 5/12-104) (from Ch. 108 1/2, par. 12-104) Sec. 12-104. Exchange of Functions Act of 1957. "Exchange of Functions Act of 1957": "An Act in relation to an exchange of certain functions, property and personnel among cities and park districts having coextensive geographic ar…

(40 ILCS 5/12-105) (from Ch. 108 1/2, par. 12-105) Sec. 12-105. Retirement board or board. "Retirement board" or "board": The board of trustees of the Park Employees' and Retirement Board Employees' Annuity and Benefit Fund as created and constituted in this Article. (Source: Law…

(40 ILCS 5/12-106) (from Ch. 108 1/2, par. 12-106) Sec. 12-106. Actuarial tables. "Actuarial tables": The American Experience Table of Mortality and 4% interest for any present employee or future entrant who was a participant or contributor to the fund on June 30, 1959, and for t…

(40 ILCS 5/12-107) (from Ch. 108 1/2, par. 12-107) Sec. 12-107. Reserve. "Reserve": when applied to an annuity means the present value, according to the applicable actuarial tables and rate of interest, of the payments to be made on account of such annuity. (Source: Laws 1963, p.…

(40 ILCS 5/12-108) (from Ch. 108 1/2, par. 12-108) Sec. 12-108. Highest salary. "Highest salary": The highest rate of salary received by an employee during his total service. (Source: Laws 1963, p. 161.)

(40 ILCS 5/12-109) (from Ch. 108 1/2, par. 12-109) Sec. 12-109. Service. "Service": Employment by an employer in a position covered by this Article, including (a) actual employment in pay status, (b) periods of approved leaves of absence for which contributions are made by the em…

(40 ILCS 5/12-111) (from Ch. 108 1/2, par. 12-111) Sec. 12-111. Withdrawal or withdraws. "Withdrawal" or "withdraws": Resignation, separation or discharge from service as an employee from any position to which a person has civil service status and may be subject to re-employment …

(40 ILCS 5/12-112) (from Ch. 108 1/2, par. 12-112) Sec. 12-112. Future entrant. "Future entrant": An employee who entered service after July 1, 1919, or, as applied to an employee of the board, an employee who entered service after July 1, 1937. (Source: Laws 1963, p. 161.)…

(40 ILCS 5/12-114) (from Ch. 108 1/2, par. 12-114) Sec. 12-114. Regular interest. "Regular interest": Interest at the rate prescribed by the Board upon recommendation of the actuary for all employees, spouses or other beneficiaries. (Source: P.A. 87-1265.)

(40 ILCS 5/12-115) (from Ch. 108 1/2, par. 12-115) Sec. 12-115. Present value. "Present value": The amount of funds presently required to provide an annuity or benefit at some future date when computed according to the actuarial tables. (Source: Laws 1963, p. 161.)

(40 ILCS 5/12-116) (from Ch. 108 1/2, par. 12-116) Sec. 12-116. Fiscal year. "Fiscal year": For periods prior to July 1, 2012, the year commencing with July 1st and ending with June 30th next following. Beginning January 1, 2013, the year commencing January 1 and ending December …

(40 ILCS 5/12-117) (from Ch. 108 1/2, par. 12-117) Sec. 12-117. Contributions. "Contributions": Amounts deducted from the salary or amounts otherwise paid by an employee for the purposes of this Article. (Source: P.A. 81-1536.)

(40 ILCS 5/12-118) (from Ch. 108 1/2, par. 12-118) Sec. 12-118. Employee. "Employee": Any person in the service of a board of park commissioners as described in Section 12-101, or employees of the board, except (a) any person employed in any position requiring service of less tha…