Illinois General Assembly - Illinois Compiled Statutes

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40 ILCS 5/14-105.4

(40 ILCS 5/14-105.4) (from Ch. 108 1/2, par. 14-105.4)

Sec. 14-105.4.

(a) Persons otherwise required or eligible to participate
in this System who elect to continue participation in the General Assembly
System under Section 2-117.1 may not participate in this System for the
duration of such continued participation under Section 2-117.1.

(b) Upon terminating such continued participation, a person may transfer
credits and creditable service accumulated under Section 2-117.1 to this System,
upon payment to this System of (1) the amount by which the employer and
employee contributions that would have been required if he had participated
in this System during the period for which credit under Section 2-117.1
is being transferred, plus regular interest, exceeds the amounts actually
transferred under that Section to this System, plus (2) regular interest
thereon from the date of such participation
to the date of payment.

(Source: P.A. 83-430.)