Chapter 40 — PENSIONS

(40 ILCS 5/7-146) (from Ch. 108 1/2, par. 7-146) Sec. 7-146. Temporary disability benefits - Eligibility. Temporary disability benefits shall be payable to participating employees as hereinafter provided. (a) The participating employee shall be considered temporarily disabled if:…

(40 ILCS 5/7-147) (from Ch. 108 1/2, par. 7-147) Sec. 7-147. Temporary disability benefits - Commencement and duration. Temporary disability benefits shall be payable: (a) Upon receipt by the fund of a written application therefor. The effective date may be not more than 6 months…

(40 ILCS 5/7-149) (from Ch. 108 1/2, par. 7-149) Sec. 7-149. Temporary disability benefits-Periodic checks. The Board shall conduct periodic checks to determine if any participating employee is disabled. Such checks may consist of periodic examinations by a physician or physician…

(40 ILCS 5/7-150) (from Ch. 108 1/2, par. 7-150) Sec. 7-150. Total and permanent disability benefits - Eligibility. Total and permanent disability benefits shall be payable to participating employees as hereinafter provided, including those employees receiving disability benefit …

(40 ILCS 5/7-151) (from Ch. 108 1/2, par. 7-151) Sec. 7-151. Total and permanent disability benefits - Commencement and duration. Permanent disability benefits shall be payable: (a) As of the date temporary disability benefits are exhausted; (b) Once a month as of the end of each…

(40 ILCS 5/7-152) (from Ch. 108 1/2, par. 7-152) Sec. 7-152. Disability benefits - Amount. The amount of the monthly temporary and total and permanent disability benefits shall be 50% of the participating employee's final rate of earnings on the date disability was incurred, subj…

(40 ILCS 5/7-153) (from Ch. 108 1/2, par. 7-153) Sec. 7-153. Total and permanent disability benefits; periodic checks. The board shall conduct periodic checks to determine if participating employees who are drawing a total permanent disability benefit remain totally and permanent…

(40 ILCS 5/7-154) (from Ch. 108 1/2, par. 7-154) Sec. 7-154. Surviving spouse annuities - Eligibility. (a) A surviving spouse annuity shall be payable to the eligible surviving spouse of a participating employee, an employee annuitant, or a person who on the date of death would h…

(40 ILCS 5/7-155) (from Ch. 108 1/2, par. 7-155) Sec. 7-155. Surviving spouse annuities-commencement. (a) A surviving spouse annuity shall begin on the 1st day of the month next following the month in which the participating employee, or the employee annuitant or such person enti…

(40 ILCS 5/7-156) (from Ch. 108 1/2, par. 7-156) Sec. 7-156. Surviving spouse annuities - amount. (a) The amount of surviving spouse annuity shall be: 1. Upon the death of an employee annuitant or such person entitled, upon application, to a retirement annuity at date of death, (…

(40 ILCS 5/7-157) (from Ch. 108 1/2, par. 7-157) Sec. 7-157. Surviving spouse annuities - marriage to terminate. If a surviving spouse annuitant marries before reaching age 55, the annuity shall be terminated as of the end of the calendar month following the month in which the ma…

(40 ILCS 5/7-158) (from Ch. 108 1/2, par. 7-158) Sec. 7-158. Surviving spouse annuities - Options. In lieu of the surviving spouse annuity an eligible surviving spouse shall have the option of receiving other benefits as follows: 1. The surviving spouse of a participating employe…

(40 ILCS 5/7-159) (from Ch. 108 1/2, par. 7-159) Sec. 7-159. Surviving spouse annuity - refund of survivor credits. (a) Any employee annuitant who (1) upon the date a retirement annuity begins is not then married, or (2) is married to a person who would not qualify for surviving …

(40 ILCS 5/7-160) (from Ch. 108 1/2, par. 7-160) Sec. 7-160. Child annuities-eligibility. Child annuities shall be payable to each child of an employee annuitant who dies with no surviving spouse and whose spouse would have been eligible to receive a surviving spouse annuity, and…

(40 ILCS 5/7-161) (from Ch. 108 1/2, par. 7-161) Sec. 7-161. Child annuities-commencement. A child annuity shall begin upon proper application therefor, on the first day of the month following the month in which the survivor of his parents has died, and shall continue until death…

(40 ILCS 5/7-162) (from Ch. 108 1/2, par. 7-162) Sec. 7-162. Child annuities-amount. The amount of child annuities shall be: 1. The aggregate of all child annuities in an amount equal to the surviving spouse annuity which the spouse of the employee was receiving, or eligible to r…

(40 ILCS 5/7-163) (from Ch. 108 1/2, par. 7-163) Sec. 7-163. Death benefits-eligibility. Death benefits shall be payable as hereinafter set forth: 1. To the beneficiary defined in Section 7-118; 2. A death benefit shall be paid to the beneficiary as soon as practicable after rece…

(40 ILCS 5/7-164) (from Ch. 108 1/2, par. 7-164) Sec. 7-164. Death benefits - Amount. The amount of the death benefit shall be: 1. Upon the death of an employee with at least one year of service occurring while in an employment relationship (including employees drawing disability…

(40 ILCS 5/7-165) (from Ch. 108 1/2, par. 7-165) Sec. 7-165. Beneficiary annuities. (a) The beneficiary entitled to a death benefit under paragraph 1, 2 or 3 of Section 7-164 may elect to receive the benefit in the form of an annuity for life, if the death benefit will provide an…

(40 ILCS 5/7-166) (from Ch. 108 1/2, par. 7-166) Sec. 7-166. Separation benefits - eligibility. Separation benefits shall be payable as hereinafter set forth: 1. Upon separation from the service of all participating municipalities and instrumentalities thereof and participating i…

(40 ILCS 5/7-167) (from Ch. 108 1/2, par. 7-167) Sec. 7-167. Separation benefits - Payment. Separation benefits shall be paid in the form of a single cash sum as soon as practicable after receipt by the board of: 1. a written application by the employee for such benefits; and 2. …

(40 ILCS 5/7-168) (from Ch. 108 1/2, par. 7-168) Sec. 7-168. Separation benefits - Amount. The amount of the separation benefits shall be the sum of the employee's accumulated normal, survivor and additional contributions. (Source: P.A. 87-740.)

(40 ILCS 5/7-169) (from Ch. 108 1/2, par. 7-169) Sec. 7-169. Separation benefits; repayments. (a) If an employee who has received a separation benefit subsequently becomes a participating employee, and renders at least 2 years of contributing service from the date of such re-entr…

(40 ILCS 5/7-169.1) (from Ch. 108 1/2, par. 7-169.1) Sec. 7-169.1. Repayment of refund obtained from superseded funds. An employee who received a refund of deductions from the Illinois Municipal Public Utility Employees' Annuity and Benefit Fund, and subsequently becomes a partic…

(40 ILCS 5/7-170) (from Ch. 108 1/2, par. 7-170) Sec. 7-170. Federal Social Security coverage. (a) It is declared to be the policy and purpose to extend to covered employees as defined in Section 7-138, the benefits of the Federal Old Age and Survivors Insurance System as authori…

(40 ILCS 5/7-171) (from Ch. 108 1/2, par. 7-171) Sec. 7-171. Finance; taxes. (a) Each municipality other than a school district shall appropriate an amount sufficient to provide for the current municipality contributions required by Section 7-172 of this Article, for the fiscal y…

(40 ILCS 5/7-172) (from Ch. 108 1/2, par. 7-172) Sec. 7-172. Contributions by participating municipalities and participating instrumentalities. (a) Each participating municipality and each participating instrumentality shall make payment to the fund as follows: 1. municipality co…

(40 ILCS 5/7-172.1) (from Ch. 108 1/2, par. 7-172.1) Sec. 7-172.1. Actions to enforce payments by municipalities and instrumentalities. (a) If any participating municipality or participating instrumentality fails to transmit to the Fund contributions required of it under this Art…

(40 ILCS 5/7-172.2) (from Ch. 108 1/2, par. 7-172.2) Sec. 7-172.2. In addition to the payments otherwise required by this Article, each participating municipality and each participating instrumentality shall make payment of Social Security contributions and medicare taxes in the …

(40 ILCS 5/7-173) (from Ch. 108 1/2, par. 7-173) Sec. 7-173. Contributions by employees. (a) Each participating employee shall make contributions to the fund as follows: 1. For retirement annuity purposes, normal contributions of 3 3/4% of earnings. 2. Additional contributions of…

(40 ILCS 5/7-173.1) (from Ch. 108 1/2, par. 7-173.1) Sec. 7-173.1. Additional contribution by sheriff's law enforcement employees. (a) Each sheriff's law enforcement employee shall make an additional contribution of 1% of earnings, which shall be considered as normal contribution…

(40 ILCS 5/7-173.2) (from Ch. 108 1/2, par. 7-173.2) Sec. 7-173.2. Pickup of employee contributions. (a) Until July 1, 1984, each participating municipality and each participating instrumentality may elect, for all of its employees, to pick up the employee contributions required …

(40 ILCS 5/7-174) (from Ch. 108 1/2, par. 7-174) Sec. 7-174. Board created. (a) A board of 8 members shall constitute a board of trustees authorized to carry out the provisions of this Article. Each trustee shall be a participating employee of a participating municipality or part…

(40 ILCS 5/7-174.5) Sec. 7-174.5. Leaves of absence for trustees. Each participating municipality or instrumentality that employs an employee who is an elected trustee shall make available to the elected trustee at least 20 days of paid leave of absence per year for the purpose o…

(40 ILCS 5/7-175) (from Ch. 108 1/2, par. 7-175) Sec. 7-175. Board elections. (a) During the period beginning on August 1 and ending on September 15 of each year the board shall accept nominations of candidates for election to the trusteeships for terms beginning the next January…

(40 ILCS 5/7-175.1) (from Ch. 108 1/2, par. 7-175.1) Sec. 7-175.1. Election of employee and annuitant trustees. (a) The board shall prepare and send ballots and ballot envelopes to the employees and annuitants eligible to vote as of September of that year. The ballots shall conta…

(40 ILCS 5/7-176) (from Ch. 108 1/2, par. 7-176) Sec. 7-176. Board officers. The board shall elect from its members a president, vice president and secretary, to serve at the board's pleasure. They shall perform the duties designated by the board and serve without compensation. (…

(40 ILCS 5/7-177) (from Ch. 108 1/2, par. 7-177) Sec. 7-177. Board meetings. The board shall hold regular meetings at least 4 times in each year and such special meetings at such other times as may be called by the executive director upon written notice of at least 3 trustees. At…

(40 ILCS 5/7-178) (from Ch. 108 1/2, par. 7-178) Sec. 7-178. Board powers and duties. The board shall have the powers and duties stated in Sections 7-179 to 7-200, inclusive, in addition to such other powers and duties provided in this Article. (Source: Laws 1963, p. 161.)

(40 ILCS 5/7-179) (from Ch. 108 1/2, par. 7-179) Sec. 7-179. To authorize and suspend annuities. To authorize or suspend the payment of any annuity or benefit in accordance with this Article. (Source: Laws 1963, p. 161.)

(40 ILCS 5/7-180) (from Ch. 108 1/2, par. 7-180) Sec. 7-180. To prepare and approve budget. To prepare and approve, prior to the beginning of each calendar year, a budget of operating expenses for such year. (Source: Laws 1963, p. 161.)

(40 ILCS 5/7-181) (from Ch. 108 1/2, par. 7-181) Sec. 7-181. To subpoena witnesses. To compel witnesses to attend meetings and to testify upon any necessary matter concerning the fund and allow fees not in excess of $10 to any such witness for such attendance upon any one day. (S…

(40 ILCS 5/7-182) (from Ch. 108 1/2, par. 7-182) Sec. 7-182. To authorize municipality contribution rates and adopt actuarial tables and interest rates. To authorize municipality contribution rates and adopt actuarial tables and establish effective and prescribed rates of interes…

(40 ILCS 5/7-183) (from Ch. 108 1/2, par. 7-183) Sec. 7-183. To request information. To request such information from any participating or covered employee or from any participating or covered municipality or instrumentality thereof or participating instrumentality as is necessar…

(40 ILCS 5/7-184) (from Ch. 108 1/2, par. 7-184) Sec. 7-184. To determine prior service. To determine the length of prior service from such information as is available. Any such determination shall be conclusive as to any such period of service, unless the board reconsiders the c…

(40 ILCS 5/7-185) (from Ch. 108 1/2, par. 7-185) Sec. 7-185. To establish offices. To establish an office or offices with suitable space for meetings of the board and for use of the necessary administrative personnel. All books and records of the fund shall be kept in such office…

(40 ILCS 5/7-186) (from Ch. 108 1/2, par. 7-186) Sec. 7-186. To appoint executive director. To appoint an executive director to manage the office and carry out the technical administrative duties of the fund. (Source: Laws 1963, p. 161.)

(40 ILCS 5/7-187) (from Ch. 108 1/2, par. 7-187) Sec. 7-187. To appoint actuary. To appoint an actuary to perform all the necessary actuarial requirements of the fund. (Source: Laws 1963, p. 161.)

(40 ILCS 5/7-188) (from Ch. 108 1/2, par. 7-188) Sec. 7-188. To appoint investment counsel. To appoint such investment counsel as, in the opinion of the board, may be required from time to time. (Source: Laws 1963, p. 161.)

(40 ILCS 5/7-189) (from Ch. 108 1/2, par. 7-189) Sec. 7-189. To obtain additional services. To obtain by employment or by contract such additional actuarial services and such legal, medical, clerical or other services as is required for the efficient administration of the fund. (…