State of Illinois
90th General Assembly

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      40 ILCS 5/11-221.1        from Ch. 108 1/2, par. 11-221.1
          Amends  the  Illinois  Pension  Code.   Makes   technical
      changes  in a Section of the Chicago Laborer Article relating
      to contributions.
 1        AN ACT to amend the Illinois  Pension  Code  by  changing
 2    Section 11-221.1.
 3        Be  it  enacted  by  the People of the State of Illinois,
 4    represented in the General Assembly:
 5        Section 5.  The  Illinois  Pension  Code  is  amended  by
 6    changing Section 11-221.1 as follows:
 7        (40 ILCS 5/11-221.1) (from Ch. 108 1/2, par. 11-221.1)
 8        Sec.  11-221.1.   Right  of  employees  to contribute for
 9    certain other service.  Any employee in  the  service,  after
10    having made contributions covering a period of 10 ten or more
11    years  to  the  annuity and benefit fund herein provided for,
12    may elect to pay for  and  receive  credit  for  all  annuity
13    purposes for service theretofore rendered by the employee him
14    to the Chicago Transit Authority created by the "Metropolitan
15    Transit  Authority Act", approved April 12, 1945, as amended;
16    provided, that if the such employee  has  more  than  10  ten
17    years  of  such  service,  only the last 10 ten years of such
18    service shall be credited.  Such service credit may  be  paid
19    for  and  granted  on  the  same  basis and conditions as are
20    applicable in the case of employees who make payment for past
21    service under  the  provisions  of  Section  the  immediately
22    preceding  Sec.  11-221,  but on the assumption that the such
23    employee's salary throughout all of his or her  service  with
24    the  such  Authority  was  at  the rate of the employee's his
25    salary at the date of his or her entrance into the service as
26    an employee.  In no event, however,  shall  such  service  be
27    credited   if   the  such  employee  has  not  forfeited  and
28    relinquished pension credit for service covering such  period
29    under  any  pension or retirement plan applicable to the such
30    Authority and instituted and maintained by the such Authority
31    for the benefit of its employees.
                            -2-                LRB9010244EGfg
 1    (Source: P. A. 77-1761; revised 8-8-97.)

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