Chapter 40 — PENSIONS

(40 ILCS 5/13-304) (from Ch. 108 1/2, par. 13-304) Sec. 13-304. Optional plan of additional benefits and contributions made through December 31, 2002. (a) While this plan is in effect, an eligible employee may establish additional optional credit for additional benefits by electi…

(40 ILCS 5/13-304.1) Sec. 13-304.1. Optional plan of additional benefits and contributions made January 1, 2003 through December 31, 2007. (a) While this plan is in effect, an employee may establish optional additional credit toward additional benefits for eligible service by mak…

(40 ILCS 5/13-305) (from Ch. 108 1/2, par. 13-305) Sec. 13-305. Surviving spouse's annuity; eligibility. A surviving spouse who was married to an employee on the date of the employee's death while in service, or was married to an employee on the date of withdrawal from service an…

(40 ILCS 5/13-306) (from Ch. 108 1/2, par. 13-306) Sec. 13-306. Computation of surviving spouse's annuity. (a) Computation of the annuity. The surviving spouse's annuity shall be equal to 60% of the retirement annuity earned and accrued to the credit of the deceased employee, whe…

(40 ILCS 5/13-307) (from Ch. 108 1/2, par. 13-307) Sec. 13-307. Term annuity. Whenever a retirement or surviving spouse annuity is less than $200 per month, it may be converted to a term annuity in the amount of $200 per month to be paid for such period as is determined in accord…

(40 ILCS 5/13-308) (from Ch. 108 1/2, par. 13-308) Sec. 13-308. Child's annuity. (a) Eligibility. A child's annuity shall be provided for each unmarried child under the age of 18 years (under the age of 23 years in the case of a full-time student) whose employee parent dies while…

(40 ILCS 5/13-309) (from Ch. 108 1/2, par. 13-309) Sec. 13-309. Duty disability benefit. (a) Any employee who becomes disabled, which disability is the result of an injury or illness compensable under the Illinois Workers' Compensation Act or the Illinois Workers' Occupational Di…

(40 ILCS 5/13-310) (from Ch. 108 1/2, par. 13-310) Sec. 13-310. Ordinary disability benefit. (a) Any employee who becomes disabled as the result of any cause other than injury or illness incurred in the performance of duty for the employer or any other employer, or while engaged …

(40 ILCS 5/13-311) (from Ch. 108 1/2, par. 13-311) Sec. 13-311. Credit for Workers' Compensation payments. If an employee, or an employee's spouse or children, receives compensation under any workers' compensation or occupational diseases law, the benefit payable under this Artic…

(40 ILCS 5/13-312) (from Ch. 108 1/2, par. 13-312) Sec. 13-312. Subrogation. In those cases where injury or death for which any disability or other benefit because of death resulting from such injury is payable under this Article was caused under circumstances creating a legal li…

(40 ILCS 5/13-313) (from Ch. 108 1/2, par. 13-313) Sec. 13-313. Credit during disability. An employee shall receive credit during any period of duty disability and beginning September 1, 1969 during any period of ordinary disability for which benefits are paid of any amount repre…

(40 ILCS 5/13-314) (from Ch. 108 1/2, par. 13-314) Sec. 13-314. Alternative provisions for Water Reclamation District commissioners. (a) Transfer of credits. Any Water Reclamation District commissioner elected by vote of the people and who has elected to participate in this Fund …

(40 ILCS 5/13-315) (from Ch. 108 1/2, par. 13-315) Sec. 13-315. Waiver of annuity. Any competent employee annuitant or surviving spouse annuitant may execute a waiver of the right to receive any part of the total annuity. The waiver shall be effective when filed with the Board. A…

(40 ILCS 5/13-401) (from Ch. 108 1/2, par. 13-401) Sec. 13-401. Term of service. (a) In computing the term of service, the following periods of time shall be counted as periods of service for annuity purposes only: (1) the time during which the employee performs services required…

(40 ILCS 5/13-402) (from Ch. 108 1/2, par. 13-402) Sec. 13-402. Length of service. For the purpose of computing the length of service for the retirement annuity, surviving spouse's annuity, and child's annuity, and calculating the minimum service requirement for payment of milita…

(40 ILCS 5/13-403) (from Ch. 108 1/2, par. 13-403) Sec. 13-403. Military service. (a) Any employee who, after commencement of service with the Employer, enlisted, was inducted or was otherwise ordered to serve in the military forces of the United States pursuant to any law, shall…

(40 ILCS 5/13-501) (from Ch. 108 1/2, par. 13-501) Sec. 13-501. Contributions computed on actuarially funded basis. The obligations of the various annuities and benefits provided by this Article shall be financed by contributions by employees, contributions by the Water Reclamati…

(40 ILCS 5/13-502) (from Ch. 108 1/2, par. 13-502) Sec. 13-502. Employee contributions; deductions from salary. (a) Retirement annuity and child's annuity. Except as otherwise provided in this Section, there shall be deducted from each payment of salary an amount equal to 7% of s…

(40 ILCS 5/13-503) (from Ch. 108 1/2, par. 13-503) Sec. 13-503. Tax levy. Until fiscal year 2013, the Water Reclamation District shall annually levy a tax upon all the taxable real property within the District at a rate which, when extended, will produce a sum that (i) when added…

(40 ILCS 5/13-503.5) Sec. 13-503.5. Delinquent contributions; deduction from payments of State funds to the employer. If the employer fails to transmit to the Fund contributions required of it under this Article by December 31st of the year in which such contributions are due, th…

(40 ILCS 5/13-504) (from Ch. 108 1/2, par. 13-504) Sec. 13-504. Mortality tables and interest rates. All reserves and liabilities for annuities under this Article shall be computed according to actuarial tables adopted by the Board. At least once every 5 years a valuation shall b…

(40 ILCS 5/13-601) (from Ch. 108 1/2, par. 13-601) Sec. 13-601. Refunds. (a) Withdrawal from service. Upon withdrawal from service, an employee who first became a member before January 1, 2011, who is under age 55 (age 50 if the employee first entered service before June 13, 1997…

(40 ILCS 5/13-602) (from Ch. 108 1/2, par. 13-602) Sec. 13-602. Re-entry. (a) Before retirement. An employee who withdraws and elects not to receive a refund and later returns to service shall receive credit for the service previously rendered for which contributions were made an…

(40 ILCS 5/13-603) (from Ch. 108 1/2, par. 13-603) Sec. 13-603. Restoration of rights. If an employee who has received a refund subsequently re-enters the service and renders one year of contributing service from the date of such re-entry, the employee shall be entitled to have r…

(40 ILCS 5/13-701) (from Ch. 108 1/2, par. 13-701) Sec. 13-701. Board created. A board of 7 members shall constitute the Board of Trustees authorized to carry out the provisions of this Article. The board shall be known as the Retirement Board of the Metropolitan Water Reclamatio…

(40 ILCS 5/13-702) (from Ch. 108 1/2, par. 13-702) Sec. 13-702. Board elections. Beginning on the effective date of this amendatory Act of the 95th General Assembly, in each year, the Board shall conduct a regular election, under rules adopted by it, at least 30 days prior to the…

(40 ILCS 5/13-703) (from Ch. 108 1/2, par. 13-703) Sec. 13-703. Board vacancy. A vacancy occurring in the membership of the Board shall be filled as follows: If the vacancy is of an appointive member, the President of the Water Reclamation District shall designate a person to ser…

(40 ILCS 5/13-704) (from Ch. 108 1/2, par. 13-704) Sec. 13-704. Board officers. The Board shall elect annually at its regular December meeting, from among its members by a majority vote of the members voting upon the question, a president, a vice president, and a secretary who sh…

(40 ILCS 5/13-705) (from Ch. 108 1/2, par. 13-705) Sec. 13-705. Board meetings. The Board shall hold regular meetings in each month, and special meetings as it deems necessary. A majority of the members shall constitute a quorum for the transaction of business at any meeting, but…

(40 ILCS 5/13-706) (from Ch. 108 1/2, par. 13-706) Sec. 13-706. Board powers and duties. The Board shall have the powers and duties set forth in this Section, in addition to such other powers and duties as may be provided in this Article and in this Code: (a) To supervise collect…

(40 ILCS 5/13-707) (from Ch. 108 1/2, par. 13-707) Sec. 13-707. No Compensation. A member of the Retirement Board shall not receive any moneys from the Fund, as salary for service performed as a member, consultant or employee of the Board but any member shall be entitled to reimb…

(40 ILCS 5/13-708) (from Ch. 108 1/2, par. 13-708) Sec. 13-708. No commissions on investments. No member of the Board, and no person officially connected with the Board, either as an employee or as a custodian of the Fund, shall receive any commissions on any investment made by t…

(40 ILCS 5/13-709) (from Ch. 108 1/2, par. 13-709) Sec. 13-709. Duties of officers of the District. (a) In addition to those other requirements set forth in this Article, the proper officers of the Water Reclamation District shall, without cost to the Fund: (1) deduct all require…

(40 ILCS 5/13-710) (from Ch. 108 1/2, par. 13-710) Sec. 13-710. Age of employee. In any application for appointment to the service of the District, the age stated therein shall be conclusive evidence of the applicant's age for the purposes of this Article, but the Board may requi…

(40 ILCS 5/13-711) (from Ch. 108 1/2, par. 13-711) Sec. 13-711. Examination of Fund. The Board shall have an audit and a thorough examination of the affairs of the fund made annually by a certified public accountant. The Board shall submit the results of the examination to the Di…

(40 ILCS 5/13-801) (from Ch. 108 1/2, par. 13-801) Sec. 13-801. Transfer of credits to General Assembly Retirement System. (a) Payments. Any active member of the General Assembly Retirement System may apply for a transfer of credits and creditable service accumulated under this F…

(40 ILCS 5/13-802) (from Ch. 108 1/2, par. 13-802) Sec. 13-802. Transfer of creditable service to Article 8 or 9 funds. (a) Any city officer as defined in Section 8-243.2 of this Code, and any county officer elected by vote of the people who is a participant in the pension fund e…

(40 ILCS 5/13-803) (from Ch. 108 1/2, par. 13-803) Sec. 13-803. Moneys to be held on deposit. To make the payments authorized by this Article, the Board may keep and hold uninvested a sum not in excess of the amount required to make all annuity and disability benefit payments whi…

(40 ILCS 5/13-804) (from Ch. 108 1/2, par. 13-804) Sec. 13-804. Accounting. An adequate system of accounts and records shall be established which will give effect to all requirements of this Article. Individual employee accounts shall be maintained, to which shall be credited con…

(40 ILCS 5/13-805) (from Ch. 108 1/2, par. 13-805) Sec. 13-805. Annuities and benefits exempt. All annuities and benefits granted under this Article shall be exempt from attachment or garnishment process and shall not be seized, taken, subjected to, detained, or levied upon by vi…

(40 ILCS 5/13-806) (from Ch. 108 1/2, par. 13-806) Sec. 13-806. Fraud. Any person, member, trustee or employee of the Retirement Board who knowingly makes any false statement or falsifies or permits to be falsified any record in any attempt to defraud the Fund as a result of such…

(40 ILCS 5/13-807) (from Ch. 108 1/2, par. 13-807) Sec. 13-807. 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 service as an employee. None of the bene…

(40 ILCS 5/13-808) (from Ch. 108 1/2, par. 13-808) Sec. 13-808. Retirement Systems Reciprocal Act. The "Retirement Systems Reciprocal Act", being Article 20 of this Code, as now enacted and hereafter amended, is hereby adopted and made a part of this Article; provided that where …

(40 ILCS 5/13-809) (from Ch. 108 1/2, par. 13-809) Sec. 13-809. 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 r…

(40 ILCS 5/13-810) (from Ch. 108 1/2, par. 13-810) Sec. 13-810. 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 hereof. (Source: P.A. 87-7…

(40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101) Sec. 14-101. Creation of system. A retirement and benefit system is created to provide retirement annuities and other benefits for employees of the State of Illinois. The system shall be known as the "State Employees' Retirement …

(40 ILCS 5/14-102) (from Ch. 108 1/2, par. 14-102) Sec. 14-102. Purpose. The purpose of the system is to provide an orderly means whereby aged or disabled employees may be retired from active service, without prejudice or hardship, and to enable the employees to accumulate reserv…

(40 ILCS 5/14-103) (from Ch. 108 1/2, par. 14-103) Sec. 14-103. Terms defined. The terms used in this Article shall have the meanings ascribed to them in the Sections which succeed this Section and precede Section 14-104, except when the context otherwise requires. (Source: P.A. …

(40 ILCS 5/14-103.01) (from Ch. 108 1/2, par. 14-103.01) Sec. 14-103.01. Retirement system or system. "Retirement system" or "system": the State Employees' Retirement System of Illinois. (Source: P.A. 80-841.)

(40 ILCS 5/14-103.02) (from Ch. 108 1/2, par. 14-103.02) Sec. 14-103.02. Board of trustees or board. "Board of trustees" or "board": the board created in this Article to direct the affairs of the system. (Source: P.A. 80-841.)