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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 SB0378 Introduced 1/24/2017, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED: | | 40 ILCS 5/14-126 | from Ch. 108 1/2, par. 14-126 |
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Amends the State Employee Article of the Illinois Pension Code. Makes a technical change in a Section concerning a retirement annuity following nonoccupational
disability benefits.
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| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB0378 | | LRB100 05086 RPS 15096 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Section 14-126 as follows:
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6 | | (40 ILCS 5/14-126) (from Ch. 108 1/2, par. 14-126)
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7 | | Sec. 14-126.
Nonoccupational disability benefit-Rights on |
8 | | expiration-Retirement
annuity option on re-entry. Any member |
9 | | having 15 or more years of creditable
service, and
and having |
10 | | attained at least age 55, or having 20 or more years
of |
11 | | creditable service and having attained at least age 50, who, |
12 | | after receiving
nonoccupational disability benefit for the |
13 | | maximum period of time specified
herein is still disabled for |
14 | | service, shall be entitled to receive a retirement
annuity |
15 | | beginning the first of the month following application, without
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16 | | regard to whether the member has attained age 60. |
17 | | If a member having 15 but less than 20 years of creditable |
18 | | service is under
age 55 when nonoccupational disability |
19 | | benefits terminate, and the member
has been continuously |
20 | | disabled for service, the member is entitled upon
application |
21 | | to the retirement annuity upon the first of the month after
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22 | | attainment of age 55.
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23 | | If a member having 20 or more years of creditable service |