|
the various
pension funds established under this Article |
and has attained age 50; and
|
(4) is in service on or after the effective date of |
this amendatory Act of
the 93rd General Assembly.
|
(c) A firefighter who is eligible for benefits under this |
Section may elect
to receive a retirement pension from each |
pension fund under this Article in
which the firefighter has |
at least one year of service credit but has not received a |
refund under Section 4-116 (unless the firefighter repays that |
refund under subsection (g)) or subsection (c) of Section |
4-118.1, by applying in
writing and paying the contribution |
required under subsection (i).
|
(d) From each such pension fund other than the last |
pension fund, in lieu
of any retirement pension otherwise |
payable under this Article, a firefighter
to whom this Section |
applies may elect to receive a monthly pension of 1/12th
of |
2.5% of his or her final monthly salary under that fund for |
each month of
service in that fund, subject to a maximum of 75% |
of that final monthly salary.
|
(e) From the last pension fund, in lieu of any retirement |
pension otherwise
payable under this Article, a firefighter to |
whom this Section applies may
elect to receive a monthly |
pension calculated as follows:
|
The last pension fund shall calculate the retirement |
pension that
would be payable to the firefighter under |
subsection (a) of Section 4-109 as if he
or she had
|
|
participated in that last pension fund during his or her |
entire period of
service under all pension funds established |
under this Article (excluding any period of service for which |
the firefighter has received a refund under Section 4-116, |
unless the firefighter repays that refund under subsection |
(g), or for which the firefighter has received a refund under |
subsection (c) of Section 4-118.1).
From this hypothetical |
pension there shall be subtracted the original amounts
of the |
retirement pensions payable to the firefighter by all other |
pension
funds under subsection (d). The remainder is the |
retirement pension payable
to the firefighter by the last |
pension fund under this subsection (e).
|
(f) Pensions elected under this Section shall be subject |
to increases as
provided in subsection (d) of Section 4-109.1.
|
(g) A current firefighter may reinstate creditable service |
in a
pension fund established under this Article that was |
terminated upon receipt of
a refund, by payment to that |
pension fund of the amount of the refund together
with |
interest thereon at the rate of 6% per year, compounded |
annually, from the
date of the refund to the date of payment. A |
repayment of a refund under this
Section may be made in equal |
installments over a period of up to 10 years, but
must be paid |
in full prior to retirement.
|
(h) As a condition of being eligible for the benefits |
provided in this Section, a person who is hired to a position |
as a firefighter on or after July 1, 2004 must, within 21 |
|
months after being hired, notify
the new employer, all of his |
or her previous employers under this Article, and
the Public |
Pension Division of the Division of Insurance of the |
Department of Financial and Professional Regulation of his or |
her intent to receive the benefits provided under this |
Section.
|
As a condition of being eligible for the benefits provided |
in this Section, a person who first becomes a firefighter |
under this Article after December 31, 2010 must (1) within 21 |
months after being hired or within 21 months after the |
effective date of this amendatory Act of the 102nd General |
Assembly, whichever is later, notify the new employer, all of |
his or her previous employers under this Article, and the |
Public Pension Division of the Department of Insurance of his |
or her intent to receive the benefits provided under this |
Section; and (2) make the required contributions with |
applicable interest. A person who first becomes a firefighter |
under this Article after December 31, 2010 and who, before the |
effective date of this amendatory Act of the 102nd General |
Assembly, notified the new employer, all of his or her |
previous employers under this Article, and the Public Pension |
Division of the Department of Insurance of his or her intent to |
receive the benefits provided under this Section shall be |
deemed to have met the notice requirement under item (1) of the |
preceding sentence. The changes made to this Section by this |
amendatory Act of the 102nd General Assembly apply |
|
retroactively, notwithstanding Section 1-103.1. |
(i) In order to receive a pension under this Section or an |
occupational disease disability pension for which he or she |
becomes eligible due to the application of subsection (m) of |
this Section, a firefighter must
pay to each pension fund from |
which he or she has elected to receive a pension under this |
Section a contribution equal to 1% of
monthly salary for each |
month of service credit that the firefighter has in
that fund |
(other than service credit for which the firefighter has |
already
paid the additional contribution required under |
subsection (c) of Section
4-118.1), together with interest |
thereon at the rate of 6% per annum, compounded
annually, from |
the firefighter's first day of employment with that fund or |
the first day of the fiscal year of that fund that immediately |
precedes the firefighter's first day of employment with that |
fund, whichever is earlier. |
In order for a firefighter who, as of the effective date of |
this amendatory Act of the 93rd General Assembly, has not |
begun to receive a pension under this Section or an |
occupational disease disability pension under subsection (m) |
of this Section and who has contributed 1/12th of 1% of monthly |
salary for each month of service credit that the firefighter |
has in
that fund (other than service credit for which the |
firefighter has already
paid the additional contribution |
required under subsection (c) of Section
4-118.1), together |
with the required interest thereon, to receive a pension under |
|
this Section or an occupational disease disability pension for |
which he or she becomes eligible due to the application of |
subsection (m) of this Section, the firefighter must, within |
one year after the effective date of this amendatory Act of the |
93rd General Assembly, make an additional contribution equal |
to 11/12ths of 1% of
monthly salary for each month of service |
credit that the firefighter has in
that fund (other than |
service credit for which the firefighter has already
paid the |
additional contribution required under subsection (c) of |
Section
4-118.1), together with interest thereon at the rate |
of 6% per annum, compounded
annually, from the firefighter's |
first day of employment with that fund or the first day of the |
fiscal year of that fund that immediately precedes the |
firefighter's first day of employment with the fund, whichever |
is earlier. A firefighter who, as of the effective date of this |
amendatory Act of the 93rd General Assembly, has not begun to |
receive a pension under this Section or an occupational |
disease disability pension under subsection (m) of this |
Section and who has contributed 1/12th of 1% of monthly salary |
for each month of service credit that the firefighter has in
|
that fund (other than service credit for which the firefighter |
has already
paid the additional contribution required under |
subsection (c) of Section
4-118.1), together with the required |
interest thereon, in order to receive a pension under this |
Section or an occupational disease disability pension under |
subsection (m) of this Section, may elect, within one year |
|
after the effective date of this amendatory Act of the 93rd |
General Assembly to forfeit the benefits provided under this |
Section and receive a refund of that contribution.
|
(j) A retired firefighter who is receiving pension |
payments under Section 4-109 may reenter active service under |
this Article. Subject to the provisions of Section 4-117, the |
firefighter may receive credit for service performed after the |
reentry if the firefighter (1) applies to receive credit for |
that service, (2) suspends his or her pensions under this |
Section,
and (3) makes the contributions required under |
subsection (i).
|
(k) A firefighter who is newly hired or promoted to a |
position as a
firefighter shall not be denied participation in |
a fund under this Article
based on his or her age. |
(l) If a firefighter who elects to make contributions |
under subsection (c) of Section 4-118.1 for the pension |
benefits provided under this Section becomes entitled to a |
disability pension under Section 4-110, the last pension fund |
is responsible to pay that disability pension and the amount |
of that disability pension shall be based only on the |
firefighter's service with the last pension fund. |
(m) Notwithstanding any provision in Section 4-110.1 to |
the contrary, if a firefighter who elects to make |
contributions under subsection (c) of Section 4-118.1 for the |
pension benefits provided under this Section becomes entitled |
to an occupational disease disability pension under Section |
|
4-110.1, each pension fund to which the firefighter has made |
contributions under subsection (c) of Section 4-118.1 must pay |
a portion of that occupational disease disability pension |
equal to the proportion that the firefighter's service credit |
with that pension fund for which the contributions under |
subsection (c) of Section 4-118.1 have been made bears to the |
firefighter's total service credit with all of the pension |
funds for which the contributions under subsection (c) of |
Section 4-118.1 have been made. A firefighter who has made |
contributions under subsection (c) of Section 4-118.1 for at |
least 5 years of creditable service shall be deemed to have met |
the 5-year creditable service requirement under Section |
4-110.1, regardless of whether the firefighter has 5 years of |
creditable service with the last pension fund. |
(n) If a firefighter who elects to make contributions |
under subsection (c) of Section 4-118.1 for the pension |
benefits provided under this Section becomes entitled to a |
disability pension under Section 4-111, the last pension fund |
is responsible to pay that disability pension, provided that |
the firefighter has at least 7 years of creditable service |
with the last pension fund.
In the event a firefighter began |
employment with a new employer as a result of an |
intergovernmental agreement that resulted in the elimination |
of the previous employer's fire department, the firefighter |
shall not be required to have 7 years of creditable service |
with the last pension fund to qualify for a disability pension |
|
under Section 4-111. Under this circumstance, a firefighter |
shall be required to have 7 years of total combined creditable |
service time to qualify for a disability pension under Section |
4-111. The disability pension received pursuant to this |
Section shall be paid by the previous employer and new |
employer in proportion to the firefighter's years of service |
with each employer.
|
(Source: P.A. 95-1032, eff. 2-17-09; 95-1036, eff. 2-17-09.)
|
Section 90. The State Mandates Act is amended by adding |
Section 8.45 as follows: |
(30 ILCS 805/8.45 new) |
Sec. 8.45. Exempt mandate. Notwithstanding Sections 6 and |
8 of this Act, no reimbursement by the State is required for |
the implementation of any mandate created by this amendatory |
Act of the 102nd General Assembly.
|
Section 99. Effective date. This Act takes effect upon |
becoming law. |