(40 ILCS 5/9-179.1) (from Ch. 108 1/2, par. 9-179.1) (Text of Section before amendment by P.A. 104-284) Sec. 9-179.1. Military service. A contributing employee may apply for creditable
service for up to 2 years of military service whether or not the military
service followed service as a county employee. The military service need
not have been served in wartime, but the employee must not have been
dishonorably discharged. To establish this creditable service the
applicant must pay to the Fund, while in the service of the county, an
amount determined by the Fund to represent the employee contributions for
the creditable service established, based on the employee's rate of
compensation on his or her last day as a contributor before the military
service, or on his or her first day as a contributor after the military
service, whichever is greater, plus interest at the effective rate from the
date of discharge to the date of payment. If a person who has established
any credit under this Section applies for or receives any early retirement
incentive under Section 9-134.2, the credit under this Section shall be
forfeited and the amount paid to the Fund under this Section shall be
refunded.(Source: P.A. 103-529, eff. 8-11-23.) (Text of Section after amendment by P.A. 104-284) Sec. 9-179.1. Military service. A contributing employee may elect to purchase creditable service for up to 24 months of active-duty military service, whether or not that service followed service as a county employee. The military service need not have been served in wartime, but the employee must not have been dishonorably discharged. To establish this creditable service, the contributing employee must pay to the Fund, while in the service of the county, an amount determined by the Fund to represent (i) the employee contributions for the creditable service based on his or her rate of compensation on his or her last day as a contributor before the military service or on his or her first day as a contributor after the military service, whichever is greater, plus (ii) interest calculated at the effective rate from the date used to determine the rate of compensation for employee contributions under item (i) to the date of payment.(Source: P.A. 103-529, eff. 8-11-23; 104-284, eff. 1-1-26.) |