TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER aaa: PENSIONS PART 4404 PORTABILITY OF CREDITABLE SERVICE TIME FOR DOWNSTATE AND SUBURBAN POLICE PENSION FUNDS SECTION 4404.20 APPLICABILITY
Section 4404.20 Applicability
This Part applies to any active member of a pension fund established under Article 3 of the Illinois Pension Code, except that an active member may not transfer creditable service under this Part from a prior pension fund if the officer did not actively serve in the police department under the prior pension fund for at least 2 years, unless:
a) The police officer did not actively serve in the police department under the prior pension fund for at least 2 years as a result of being laid off or otherwise involuntarily terminated for a reason other than the fault of the police officer; or
b) The police officer was not actively serving in the police department of the prior pension fund on or after August 17, 1997.
(Source: Amended at 24 Ill. Reg. 7287, effective April 26, 2000) |