Chapter 40, PENSIONS

(40 ILCS 5/8-131) (from Ch. 108 1/2, par. 8-131) Sec. 8-131. Annuities-Present employees and future entrants-Withdrawal after age 60 and prior to 65. An employee who attains age 60 or more but less than age 65 in service, upon withdrawal, shall be entitled to annuity as of his at…

(40 ILCS 5/8-132) (from Ch. 108 1/2, par. 8-132) Sec. 8-132. Annuities - Present employees and future entrants - Withdrawal after age 55 and prior to 60. An employee who attains age 55 or more but less than age 60 in service having 10 or more years of service at date of withdrawa…

(40 ILCS 5/8-133) (from Ch. 108 1/2, par. 8-133) Sec. 8-133. Annuities - Present employees and future entrants - Withdrawal before age 55. An employee who withdraws after 10 years of service before age 55 and attains age 55 while out of service, shall be entitled to annuity, afte…

(40 ILCS 5/8-134) (from Ch. 108 1/2, par. 8-134) Sec. 8-134. Annuities-Re-entry into service. Annuity in excess of that fixed in Sections 8-131, 8-132 or 8-133 shall not be granted to any employee described therein, unless he reentered service before age 65. If such reentry occur…

(40 ILCS 5/8-135) (from Ch. 108 1/2, par. 8-135) Sec. 8-135. Service after time of fixing of annuity. Service rendered after the time of fixing an annuity shall not be considered for age and service annuity. (Source: Laws 1963, p. 161.)

(40 ILCS 5/8-136) (from Ch. 108 1/2, par. 8-136) Sec. 8-136. Minimum annuities. A present employee who was a contributor to a municipal pension fund which has been merged into and become part of the fund in accordance with The 1921 Act or this Article who withdraws after such mer…

(40 ILCS 5/8-136.1) (from Ch. 108 1/2, par. 8-136.1) Sec. 8-136.1. Minimum annuities for certain public library employees. An employee who was a contributor to and participant on December 31, 1965 in a Public Library Employes' Pension Fund which has been merged into and becomes p…

(40 ILCS 5/8-136.2) (from Ch. 108 1/2, par. 8-136.2) Sec. 8-136.2. Minimum annuities for certain house of correction employees and their widows. Any employee who was a contributor to and participant on December 31, 1968 in a House of Correction Employees' Pension Fund which has b…

(40 ILCS 5/8-137) (from Ch. 108 1/2, par. 8-137) Sec. 8-137. Automatic increase in annuity. (a) An employee who retired or retires from service after December 31, 1959 and before January 1, 1987, having attained age 60 or more, shall, in January of the year after the year in whic…

(40 ILCS 5/8-137.1) (from Ch. 108 1/2, par. 8-137.1) Sec. 8-137.1. Automatic increases in annuity for certain heretofore retired participants. A retired municipal employee who (a) is receiving annuity based on a service credit of 20 or more years regardless of age at retirement o…

(40 ILCS 5/8-138) (from Ch. 108 1/2, par. 8-138) Sec. 8-138. Minimum annuities - Additional provisions. (a) An employee who withdraws after age 65 or more with at least 20 years of service, for whom the amount of age and service and prior service annuity combined is less than the…

(40 ILCS 5/8-138.1) (from Ch. 108 1/2, par. 8-138.1) Sec. 8-138.1. Early retirement incentive. (a) To be eligible for the benefits provided in this Section, an employee must: (1) be a current contributor to the Fund who, on November 1, 1992, is (i) in active payroll status as an …

(40 ILCS 5/8-138.2) Sec. 8-138.2. Early retirement for certain public health workers. (a) To be eligible for the benefits provided in this Section, an employee must: (1) be a current contributor to the Fund who, on November 1, 1993, is in active payroll status as an employee of t…

(40 ILCS 5/8-138.3) Sec. 8-138.3. Early retirement incentive. (a) To be eligible for the benefits provided in this Section, an employee must: (1) be a current contributor to the Fund who, on November 1, 1997, is (i) in active payroll status as an employee or (ii) receiving ordina…

(40 ILCS 5/8-138.4) Sec. 8-138.4. Early retirement incentive. (a) To be eligible for the benefits provided in this Section, an employee must: (1) have been a contributor to the Fund who (i) on October 15, 2003, was in active payroll status as an employee; (ii) returns to active p…

(40 ILCS 5/8-138.5) Sec. 8-138.5. Early retirement incentive for employees who have earned maximum pension benefits. (a) A person who is eligible for the benefits provided under Section 8-138.4 and who, if he or she had retired on or before February 29, 2004, would have been enti…

(40 ILCS 5/8-139) (from Ch. 108 1/2, par. 8-139) Sec. 8-139. Reversionary annuity. (a) An employee, prior to retirement on annuity, may elect to take a lesser amount of annuity and provide, with the actuarial value of the amount by which his annuity is reduced, a reversionary ann…

(40 ILCS 5/8-140) (from Ch. 108 1/2, par. 8-140) Sec. 8-140. Widow's prior service annuity. A "Widow's Prior Service Annuity", shall be credited for the widow of a male present employee for service prior to the effective date, in accordance with The 1921 Act and this Article, pay…

(40 ILCS 5/8-141) (from Ch. 108 1/2, par. 8-141) Sec. 8-141. Widow's annuity. A "Widow's Annuity" shall be credited for a widow of any male employee covering service after the effective date, payable from and after his death. (Source: Laws 1963, p. 161.)

(40 ILCS 5/8-142) (from Ch. 108 1/2, par. 8-142) Sec. 8-142. Widow's annuity-Present employee age 65 on effective date. The widow of a present employee who attains age 65 or more on or before the effective date is entitled, after his death, to an annuity fixed on the date he beco…

(40 ILCS 5/8-143) (from Ch. 108 1/2, par. 8-143) Sec. 8-143. Widow's annuity-Present employees and future entrants attaining age 65 in service. The widow of a present employee who attains age 65 while in service after the effective date, or of a future entrant who attains age 65 …

(40 ILCS 5/8-144) (from Ch. 108 1/2, par. 8-144) Sec. 8-144. Widow's annuity-Present employees and future entrants-Death in service before 65. The widow of an employee whose death occurs in service before age 65 shall be entitled to an annuity of the amount provided on a single l…

(40 ILCS 5/8-145) (from Ch. 108 1/2, par. 8-145) Sec. 8-145. Widow's annuity-Present employees and future entrants-Withdrawal after age 60 but before 65. The widow of an employee who attains age 60 or more but less than age 65 in service and who withdraws, shall be entitled after…

(40 ILCS 5/8-146) (from Ch. 108 1/2, par. 8-146) Sec. 8-146. Widow's annuity - Present employees and future entrants - Withdrawal after age 55 but before 60. The widow of an employee who, (1) attains age 55 or more but less than age 60 in service and (2) has served 10 or more yea…

(40 ILCS 5/8-147) (from Ch. 108 1/2, par. 8-147) Sec. 8-147. Widow's annuity - Present employees and future entrants - Withdrawal before age 55. The widow of an employee who withdraws after 10 or more years of service before age 55 and later attains such age while not in service,…

(40 ILCS 5/8-148) (from Ch. 108 1/2, par. 8-148) Sec. 8-148. Widow's annuities - Present employees and future entrants - Withdrawal and death before age 55. The widow of an employee with 10 or more years of service who withdraws before age 55 and who dies while out of service bef…

(40 ILCS 5/8-149) (from Ch. 108 1/2, par. 8-149) Sec. 8-149. Widow's annuities-Re-entry of employee into service. No annuity in excess of that fixed in accordance with Sections 8-145, 8-146 and 8-147 shall be granted to a widow described in those sections unless the employee re-e…

(40 ILCS 5/8-150) (from Ch. 108 1/2, par. 8-150) Sec. 8-150. Employee's widow's annuities - No contributions or service credits after fixation. No contributions by the employee or by the city for an annuity for the widow of an employee shall be made after the date when her annuit…

(40 ILCS 5/8-150.1) (from Ch. 108 1/2, par. 8-150.1) Sec. 8-150.1. Minimum annuities for widows. The widow (otherwise eligible for widow's annuity under other Sections of this Article 8) of an employee hereinafter described, who retires from service or dies while in the service s…

(40 ILCS 5/8-151) (from Ch. 108 1/2, par. 8-151) Sec. 8-151. Compensation annuity and supplemental annuity. When annuity otherwise provided in this Article for the widow of an employee whose death results solely from injury incurred in the performance of an act of duty is less th…

(40 ILCS 5/8-152) (from Ch. 108 1/2, par. 8-152) Sec. 8-152. Widows or former wives not entitled to annuity. Except as provided in Section 8-152.1, the following widows or former wives of employees have no right to annuity from the fund: (a) The widow, married subsequent to the e…

(40 ILCS 5/8-152.1) Sec. 8-152.1. Widow's annuity for widow married to member for at least 10 years. Notwithstanding Section 8-152 or any other provision of this Code to the contrary, if (1) a member has a spouse who would have qualified for a minimum annuity for widows under Sec…

(40 ILCS 5/8-153) (from Ch. 108 1/2, par. 8-153) Sec. 8-153. Widow's remarriage. A widow's annuity shall terminate when she remarries if the marriage takes place before the date 60 days after the effective date of this amendatory Act of the 91st General Assembly. If a widow remar…

(40 ILCS 5/8-153.1) (from Ch. 108 1/2, par. 8-153.1) Sec. 8-153.1. Annuities to survivors of female employees. All provisions of this Article relating to annuities or benefits to a widow, minor children or other survivors of a male employee shall apply with equal force to a survi…

(40 ILCS 5/8-154) (from Ch. 108 1/2, par. 8-154) Sec. 8-154. Maximum annuities. (1) The annuities to an employee and his widow are subject to the following limitations: (a) No age and service annuity, or age and service and prior service annuity combined, in excess of 60% of the …

(40 ILCS 5/8-155) (from Ch. 108 1/2, par. 8-155) Sec. 8-155. Mortality tables and interest rates. (a) Any single life annuity fixed or granted to any employee who was a participant on or before January 1, 1952, or any reversionary or single life annuity, fixed for or granted to a…

(40 ILCS 5/8-156) (from Ch. 108 1/2, par. 8-156) Sec. 8-156. Computation of interest. For the computation of interest upon any sum contributed by an employee into any municipal pension fund or into this fund, it shall be assumed that the sum was contributed on the last day of the…

(40 ILCS 5/8-157) (from Ch. 108 1/2, par. 8-157) Sec. 8-157. Term annuities-How computed. In any case in which an employee's credit for an annuity for himself is insufficient--at the time the annuity is fixed or granted--to provide for him a life annuity of $100 a month, a term a…

(40 ILCS 5/8-158) (from Ch. 108 1/2, par. 8-158) Sec. 8-158. Child's annuity. A child's annuity is payable monthly after the death of an employee parent to the child until the child's attainment of age 18, under the following conditions, if the child was born before the employee …

(40 ILCS 5/8-159) (from Ch. 108 1/2, par. 8-159) Sec. 8-159. Amount of child's annuity. Beginning on the effective date of this amendatory Act of 1997, the amount of a child's annuity shall be $220 per month for each child while the spouse of the deceased employee parent survives…

(40 ILCS 5/8-160) (from Ch. 108 1/2, par. 8-160) Sec. 8-160. Duty disability benefit - Child's disability benefit. An employee who becomes disabled after the effective date while under age 65 and prior to January 1, 1979 or while under age 70 after January 1, 1979 as the result o…

(40 ILCS 5/8-161) (from Ch. 108 1/2, par. 8-161) Sec. 8-161. Ordinary disability benefit. An employee while under age 65 and prior to January 1, 1979, or while under age 70 and after January 1, 1979, who becomes disabled after the effective date as the result of any cause other t…

(40 ILCS 5/8-161.1) (from Ch. 108 1/2, par. 8-161.1) Sec. 8-161.1. Limitations on payment of duty and ordinary disability. (a) Disablement because of commonly termed heart attacks, or strokes, or any disablement falling within the broad field of coronary involvement or heart dise…

(40 ILCS 5/8-162) (from Ch. 108 1/2, par. 8-162) Sec. 8-162. Proof of disability, duty and ordinary. Proof of duty or ordinary disability shall be furnished to the board by at least one licensed and practicing physician appointed by the board. The board may require other evidence…

(40 ILCS 5/8-163) (from Ch. 108 1/2, par. 8-163) Sec. 8-163. When disability benefit not payable. (a) If an employee receiving duty or ordinary disability benefit refuses to submit to examination by a physician appointed by the board, or fails or refuses to consent to and sign an…

(40 ILCS 5/8-164) (from Ch. 108 1/2, par. 8-164) Sec. 8-164. Annuity after withdrawal while disabled. An employee whose disability continues after he has received ordinary disability benefit for the maximum period of time prescribed by this Article, and who withdraws before age 6…

(40 ILCS 5/8-164.1) (from Ch. 108 1/2, par. 8-164.1) Sec. 8-164.1. Payments to city. (a) For the purposes of this Section, "city annuitant" means a person receiving an age and service annuity, a widow's annuity, a child's annuity, or a minimum annuity under this Article as a dire…

(40 ILCS 5/8-164.2) Sec. 8-164.2. Payments to board of education for group health benefits. (a) Should the Board of Education continue to sponsor a retiree health plan, the board is authorized to pay to the Board of Education, on behalf of each eligible annuitant who chooses to p…

(40 ILCS 5/8-165) (from Ch. 108 1/2, par. 8-165) Sec. 8-165. Re-entry into service. (a) Except as provided in subsection (c) or (d), when an employee receiving an age and service or a prior service annuity who has withdrawn from service after the effective date re-enters service …

(40 ILCS 5/8-166) (from Ch. 108 1/2, par. 8-166) Sec. 8-166. Re-entry into service-Prior employee. An employee who was not in the service of an employer on the day prior to the effective date, and who was in service prior to that date, who re-enters service after that date and be…