(40 ILCS 5/3-109.2)
Retirement Program Elections.
(a) For the purposes of this Section and Section 3-109.3:
"Eligible employee" means a police officer who is hired on or within one
year after the effective date of the self-managed plan established under
"Ineligible employee" means a police officer who is hired before or more
than one year after that effective date.
(b) Each eligible employee may elect to participate in the self-managed plan
with respect to all periods of covered employment occurring on and after the
effective date of the eligible employee's election. The election must be made
in writing, in the manner prescribed by the fund, and within 6 months after
the later of (i) the date upon which the self-managed plan takes effect or
(ii) the date of hire.
The election, once made, is irrevocable. If an employee terminates
employment after making the election, then upon his or her subsequent
re-employment under this Article with the same municipality, the original
election shall automatically be reinstated.
A police officer who does not elect to participate in the self-managed plan
within the permitted time shall participate in the defined benefit plan
otherwise provided under this Article.
The employer shall not remit contributions to the fund on behalf of an
eligible employee until the earlier of the expiration of the employee's 6-month
election period or the date on which the employee submits a properly completed
election to the employer or to the fund.
(c) Each eligible employee shall be provided with written information
prepared or prescribed by the fund, describing the employee's retirement
program choices. The eligible employee shall be offered an opportunity to
receive counseling from the fund prior to making his or her election. This
counseling may consist of videotaped materials, group presentations, individual
consultation with an employee or authorized representative of the fund in
person or by telephone or other electronic means, or any combination of these
(Source: P.A. 91-939, eff. 2-1-01.)