State of Illinois
91st General Assembly
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91_HB2369

 
                                               LRB9105290EGfg

 1        AN  ACT  to  amend  the Illinois Pension Code by changing
 2    Sections 5-236 and 14-110.

 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 Sections 5-236 and 14-110 as follows:

 7        (40 ILCS 5/5-236) (from Ch. 108 1/2, par. 5-236)
 8        Sec. 5-236.  Transfer to Article 14.
 9        (a)  Until January 31, 1994, any  active  member  of  the
10    State  Employees'  Retirement System who is a State policeman
11    or investigator for the Secretary of State  and  until  March
12    31,   2000,   any  active  member  of  the  State  Employees'
13    Retirement System who is a controlled substance inspector may
14    apply  for  transfer  of  his  or  her   creditable   service
15    accumulated  under  this  Article  to  the  State  Employees'
16    Retirement  System.   At  the  time  of the transfer the Fund
17    shall pay to the State Employees' Retirement System an amount
18    equal to:
19             (1)  the amounts accumulated to the  credit  of  the
20        applicant  on  the  books  of  the  Fund  on  the date of
21        transfer; and
22             (2)  the   corresponding    municipality    credits,
23        including  interest, on the books of the Fund on the date
24        of transfer; and
25             (3)  any interest paid by the applicant in order  to
26        reinstate service.
27    Participation  in  this  Fund  shall terminate on the date of
28    transfer.
29        (b)  Until January 31, 1994, any such State policeman  or
30    investigator  for  the Secretary of State and until March 31,
31    2000, any such controlled substance inspector  may  reinstate
 
                            -2-                LRB9105290EGfg
 1    service that was terminated by receipt of a refund, by paying
 2    to the Fund the amount of the refund with interest thereon at
 3    the  rate  of 6% per year, compounded annually, from the date
 4    of refund to the date of payment.
 5        (c)  Within 30 days after  the  effective  date  of  this
 6    amendatory  Act  of  1993,  any  active  member  of the State
 7    Employees'  Retirement  System  who  was   earning   eligible
 8    creditable  service  under  subdivision  (b)(12)  of  Section
 9    14-110  on  January  1, 1992 and who has at least 17 years of
10    creditable service under this Article may apply for  transfer
11    of  his  creditable service accumulated under this Article to
12    the State Employees' Retirement System.  At the time  of  the
13    transfer   the   Fund  shall  pay  to  the  State  Employees'
14    Retirement System an amount equal to:
15             (1)  the amounts accumulated to the  credit  of  the
16        applicant  on  the  books  of  the  Fund  on  the date of
17        transfer; and
18             (2)  the   corresponding    municipality    credits,
19        including  interest, on the books of the Fund on the date
20        of transfer.
21    Participation in this Fund shall terminate  on  the  date  of
22    transfer.
23    (Source: P.A. 86-1488; 87-1265.)

24        (40 ILCS 5/14-110) (from Ch. 108 1/2, par. 14-110)
25        Sec. 14-110.  Alternative retirement annuity.
26        (a)  Any  member  who has withdrawn from service with not
27    less than 20 years of eligible  creditable  service  and  has
28    attained  age  55,  and  any  member  who  has withdrawn from
29    service with not less than 25 years  of  eligible  creditable
30    service  and  has  attained age 50, regardless of whether the
31    attainment of either of the specified ages occurs  while  the
32    member  is  still in service, shall be entitled to receive at
33    the option of the member, in lieu of the regular  or  minimum
 
                            -3-                LRB9105290EGfg
 1    retirement   annuity,   a  retirement   annuity  computed  as
 2    follows:
 3             (i)  for  periods  of  service   as   a   noncovered
 4        employee,  2  1/4% of final average compensation for each
 5        of the first 10 years of creditable service, 2  1/2%  for
 6        each  year  above  10  years to and including 20 years of
 7        creditable  service,  and  2  3/4%  for  each   year   of
 8        creditable service above 20 years; and
 9             (ii)  for  periods of eligible creditable service as
10        a covered employee, 1.67% of final  average  compensation
11        for each of the first 10 years of such service, 1.90% for
12        each of the next 10 years of such service, 2.10% for each
13        year  of  such  service in excess of 20 but not exceeding
14        30, and 2.30% for each year in excess of 30.
15        Such annuity shall be subject to  a  maximum  of  75%  of
16    final   average  compensation.   These  rates  shall  not  be
17    applicable to any service performed by a member as a  covered
18    employee  which  is not eligible creditable service.  Service
19    as a  covered  employee  which  is  not  eligible  creditable
20    service  shall  be  subject  to  the  rates and provisions of
21    Section 14-108.
22        (b)  For  the  purpose   of   this   Section,   "eligible
23    creditable  service"  means creditable service resulting from
24    service in one or more of the following positions:
25             (1)  State policeman;
26             (2)  fire fighter in the fire protection service  of
27        a department;
28             (3)  air pilot;
29             (4)  special agent;
30             (5)  investigator for the Secretary of State;
31             (6)  conservation police officer;
32             (7)  investigator for the Department of Revenue;
33             (8)  security  employee  of  the Department of Human
34        Services;
 
                            -4-                LRB9105290EGfg
 1             (9)  Central  Management  Services  security  police
 2        officer;
 3             (10)  security  employee  of   the   Department   of
 4        Corrections;
 5             (11)  dangerous drugs investigator;
 6             (12)  investigator   for  the  Department  of  State
 7        Police;
 8             (13)  investigator for the Office  of  the  Attorney
 9        General;
10             (14)  controlled substance inspector;
11             (15)  investigator  for  the  Office  of the State's
12        Attorneys Appellate Prosecutor;
13             (16)  Commerce Commission police officer;
14             (17)  arson investigator.
15        A person employed in one of the  positions  specified  in
16    this  subsection  is  entitled to eligible creditable service
17    for service credit earned under this Article while undergoing
18    the basic police training course  approved  by  the  Illinois
19    Local   Governmental   Law   Enforcement   Officers  Training
20    Standards Board, if completion of that training  is  required
21    of  persons  serving  in  that position.  For the purposes of
22    this Code, service during the required basic police  training
23    course  shall  be  deemed  performance  of  the duties of the
24    specified position, even though the person  is  not  a  sworn
25    peace officer at the time of the training.
26        (c)  For the purposes of this Section:
27             (1)  The  term  "state policeman" includes any title
28        or position in the Department of  State  Police  that  is
29        held  by  an  individual  employed under the State Police
30        Act.
31             (2)  The term "fire fighter in the  fire  protection
32        service  of  a  department" includes all officers in such
33        fire  protection  service  including  fire   chiefs   and
34        assistant fire chiefs.
 
                            -5-                LRB9105290EGfg
 1             (3)  The  term  "air  pilot"  includes  any employee
 2        whose official job description on file in the  Department
 3        of  Central  Management Services, or in the department by
 4        which he is employed if that department is not covered by
 5        the Personnel Code, states that his principal duty is the
 6        operation  of  aircraft,  and  who  possesses  a  pilot's
 7        license; however, the change in this definition  made  by
 8        this  amendatory Act of 1983 shall not operate to exclude
 9        any noncovered employee who was an "air  pilot"  for  the
10        purposes of this Section on January 1, 1984.
11             (4)  The  term  "special agent" means any person who
12        by reason of  employment  by  the  Division  of  Narcotic
13        Control,  the  Bureau  of Investigation or, after July 1,
14        1977,  the  Division  of  Criminal   Investigation,   the
15        Division  of Internal Investigation or any other Division
16        or organizational  entity  in  the  Department  of  State
17        Police  is  vested  by law with duties to maintain public
18        order, investigate violations of the criminal law of this
19        State, enforce the laws of this State, make  arrests  and
20        recover  property.  The term "special agent" includes any
21        title or position in the Department of State Police  that
22        is  held by an individual employed under the State Police
23        Act.
24             (5)  The term "investigator  for  the  Secretary  of
25        State"  means  any  person  employed by the Office of the
26        Secretary of State and  vested  with  such  investigative
27        duties  as  render  him ineligible for coverage under the
28        Social Security Act by reason of  Sections  218(d)(5)(A),
29        218(d)(8)(D) and 218(l)(1) of that Act.
30             A  person who became employed as an investigator for
31        the Secretary  of  State  between  January  1,  1967  and
32        December  31,  1975,  and  who  has  served as such until
33        attainment of age  60,  either  continuously  or  with  a
34        single  break  in  service  of  not  more  than  3  years
 
                            -6-                LRB9105290EGfg
 1        duration,  which break terminated before January 1, 1976,
 2        shall  be  entitled  to  have  his   retirement   annuity
 3        calculated     in   accordance   with   subsection   (a),
 4        notwithstanding that he has less than 20 years of  credit
 5        for such service.
 6             (6)  The  term  "Conservation  Police Officer" means
 7        any person employed by the Division of Law Enforcement of
 8        the Department of Natural Resources and vested with  such
 9        law  enforcement  duties  as  render  him  ineligible for
10        coverage under the  Social  Security  Act  by  reason  of
11        Sections  218(d)(5)(A),  218(d)(8)(D),  and  218(l)(1) of
12        that  Act.   The  term  "Conservation   Police   Officer"
13        includes  the  positions  of  Chief  Conservation  Police
14        Administrator    and    Assistant   Conservation   Police
15        Administrator.
16             (7)  The term "investigator for  the  Department  of
17        Revenue"  means  any person employed by the Department of
18        Revenue and vested  with  such  investigative  duties  as
19        render  him  ineligible  for  coverage  under  the Social
20        Security  Act  by  reason   of   Sections   218(d)(5)(A),
21        218(d)(8)(D) and 218(l)(1) of that Act.
22             (8)  The  term  "security employee of the Department
23        of Human Services"  means  any  person  employed  by  the
24        Department  of  Human  Services  who  is  employed at the
25        Chester Mental Health Center and has daily  contact  with
26        the  residents  thereof, or who is a mental health police
27        officer.  "Mental health police officer" means any person
28        employed  by  the  Department  of  Human  Services  in  a
29        position pertaining to the Department's mental health and
30        developmental disabilities functions who is  vested  with
31        such   law   enforcement  duties  as  render  the  person
32        ineligible for coverage under the Social Security Act  by
33        reason   of   Sections   218(d)(5)(A),  218(d)(8)(D)  and
34        218(l)(1) of that Act.
 
                            -7-                LRB9105290EGfg
 1             (9)  "Central Management  Services  security  police
 2        officer"  means  any person employed by the Department of
 3        Central Management Services who is vested with  such  law
 4        enforcement  duties as render him ineligible for coverage
 5        under the Social  Security  Act  by  reason  of  Sections
 6        218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.
 7             (10)  The  term "security employee of the Department
 8        of Corrections" means any employee of the  Department  of
 9        Corrections  or  the  former Department of Personnel, and
10        any member or employee of the Prisoner Review Board,  who
11        has  daily  contact  with  inmates  by  working  within a
12        correctional facility or who is a parole  officer  or  an
13        employee who has direct contact with committed persons in
14        the performance of his or her job duties.
15             (11)  The  term "dangerous drugs investigator" means
16        any person who is employed as such by the  Department  of
17        Human Services.
18             (12)  The  term  "investigator for the Department of
19        State Police" means a person employed by  the  Department
20        of  State  Police  who  is  vested under Section 4 of the
21        Narcotic Control Division Abolition  Act  with  such  law
22        enforcement  powers as render him ineligible for coverage
23        under the Social  Security  Act  by  reason  of  Sections
24        218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.
25             (13)  "Investigator  for  the Office of the Attorney
26        General" means any person who is employed as such by  the
27        Office  of  the  Attorney General and is vested with such
28        investigative  duties  as  render  him   ineligible   for
29        coverage  under  the  Social  Security  Act  by reason of
30        Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that
31        Act.  For the period before January  1,  1989,  the  term
32        includes  all  persons who were employed as investigators
33        by the Office of the Attorney General, without regard  to
34        social security status.
 
                            -8-                LRB9105290EGfg
 1             (14)  "Controlled  substance  inspector"  means  any
 2        person  who  is  employed  as  such  by the Department of
 3        Professional Regulation  and  is  vested  with  such  law
 4        enforcement  duties as render him ineligible for coverage
 5        under the Social  Security  Act  by  reason  of  Sections
 6        218(d)(5)(A),  218(d)(8)(D)  and  218(l)(1)  of that Act.
 7        The term "controlled substance  inspector"  includes  the
 8        Program   Executive  of  Enforcement  and  the  Assistant
 9        Program Executive of Enforcement.
10             (15)  The term "investigator for the Office  of  the
11        State's  Attorneys  Appellate  Prosecutor" means a person
12        employed in that capacity on a full time basis under  the
13        authority  of  Section  7.06  of  the  State's  Attorneys
14        Appellate Prosecutor's Act.
15             (16)  "Commerce Commission police officer" means any
16        person  employed  by the Illinois Commerce Commission who
17        is vested with such law enforcement duties as render  him
18        ineligible  for coverage under the Social Security Act by
19        reason  of  Sections  218(d)(5)(A),   218(d)(8)(D),   and
20        218(l)(1) of that Act.
21             (17)  "Arson  investigator"  means any person who is
22        employed as such by the Office of the State Fire  Marshal
23        and  is vested with such law enforcement duties as render
24        the person  ineligible  for  coverage  under  the  Social
25        Security   Act   by   reason  of  Sections  218(d)(5)(A),
26        218(d)(8)(D), and 218(l)(1) of that Act.   A  person  who
27        was  employed as an arson investigator on January 1, 1995
28        and is no longer in  service  but  not  yet  receiving  a
29        retirement  annuity  may  convert  his  or her creditable
30        service for employment  as  an  arson  investigator  into
31        eligible  creditable  service by paying to the System the
32        difference between the  employee  contributions  actually
33        paid  for  that  service  and the amounts that would have
34        been contributed if the applicant  were  contributing  at
 
                            -9-                LRB9105290EGfg
 1        the  rate  applicable  to  persons  with  the same social
 2        security status earning eligible  creditable  service  on
 3        the date of application.
 4        (d)  A   security   employee   of   the   Department   of
 5    Corrections,  and  a  security  employee of the Department of
 6    Human Services who is not a  mental  health  police  officer,
 7    shall  not be eligible for the alternative retirement annuity
 8    provided by this Section unless he or she meets the following
 9    minimum  age  and  service  requirements  at  the   time   of
10    retirement:
11             (i)  25 years of eligible creditable service and age
12        55; or
13             (ii)  beginning   January   1,  1987,  25  years  of
14        eligible creditable service and age 54, or  24  years  of
15        eligible creditable service and age 55; or
16             (iii)  beginning   January  1,  1988,  25  years  of
17        eligible creditable service and age 53, or  23  years  of
18        eligible creditable service and age 55; or
19             (iv)  beginning   January   1,  1989,  25  years  of
20        eligible creditable service and age 52, or  22  years  of
21        eligible creditable service and age 55; or
22             (v)  beginning January 1, 1990, 25 years of eligible
23        creditable  service  and  age 51, or 21 years of eligible
24        creditable service and age 55; or
25             (vi)  beginning  January  1,  1991,  25   years   of
26        eligible  creditable  service  and age 50, or 20 years of
27        eligible creditable service and age 55.
28        Persons who have service credit under Article 16 of  this
29    Code  for service as a security employee of the Department of
30    Corrections  in  a  position  requiring  certification  as  a
31    teacher may count  such  service  toward  establishing  their
32    eligibility  under  the service requirements of this Section;
33    but such service may  be  used  only  for  establishing  such
34    eligibility,  and  not  for  the  purpose  of  increasing  or
 
                            -10-               LRB9105290EGfg
 1    calculating any benefit.
 2        (e)  If a member enters military service while working in
 3    a  position  in  which  eligible  creditable  service  may be
 4    earned, and returns to State service in the same  or  another
 5    such  position,  and  fulfills  in  all  other  respects  the
 6    conditions prescribed in this Article for credit for military
 7    service,  such military service shall be credited as eligible
 8    creditable service for the purposes of the retirement annuity
 9    prescribed in this Section.
10        (f)  For purposes  of  calculating  retirement  annuities
11    under   this  Section,  periods  of  service  rendered  after
12    December 31, 1968 and before October 1,  1975  as  a  covered
13    employee  in  the  position  of  special  agent, conservation
14    police officer, mental health police officer, or investigator
15    for the Secretary of State, shall  be  deemed  to  have  been
16    service  as a noncovered employee, provided that the employee
17    pays to the System prior to retirement an amount equal to (1)
18    the difference between the employee contributions that  would
19    have been required for such service as a noncovered employee,
20    and  the amount of employee contributions actually paid, plus
21    (2) if payment is made after July 31, 1987, regular  interest
22    on  the amount specified in item (1) from the date of service
23    to the date of payment.
24        For purposes of calculating  retirement  annuities  under
25    this  Section, periods of service rendered after December 31,
26    1968 and before January 1, 1982 as a covered employee in  the
27    position  of investigator for the Department of Revenue shall
28    be deemed to have been  service  as  a  noncovered  employee,
29    provided  that  the  employee  pays  to  the  System prior to
30    retirement an amount equal to (1) the difference between  the
31    employee contributions that would have been required for such
32    service  as a noncovered employee, and the amount of employee
33    contributions actually paid, plus  (2)  if  payment  is  made
34    after  January  1,  1990,  regular  interest  on  the  amount
 
                            -11-               LRB9105290EGfg
 1    specified in item (1) from the date of service to the date of
 2    payment.
 3        (g)  A  State policeman may elect, not later than January
 4    1, 1990, to establish eligible creditable service for  up  to
 5    10  years  of  his service as a policeman under Article 3, by
 6    filing a written election  with  the  Board,  accompanied  by
 7    payment  of an amount to be determined by the Board, equal to
 8    (i)  the  difference  between  the  amount  of  employee  and
 9    employer  contributions  transferred  to  the  System   under
10    Section  3-110.5,  and  the  amounts  that  would  have  been
11    contributed  had  such  contributions  been made at the rates
12    applicable to State policemen, plus (ii) interest thereon  at
13    the  effective  rate for each year, compounded annually, from
14    the date of service to the date of payment.
15        Subject to the limitation  in  subsection  (i),  a  State
16    policeman  may  elect,  not  later  than  July  1,  1993,  to
17    establish  eligible  creditable service for up to 10 years of
18    his service as a member of the County Police Department under
19    Article 9, by filing  a  written  election  with  the  Board,
20    accompanied  by  payment of an amount to be determined by the
21    Board, equal to (i) the  difference  between  the  amount  of
22    employee and employer contributions transferred to the System
23    under  Section  9-121.10 and the amounts that would have been
24    contributed had those contributions been made  at  the  rates
25    applicable  to State policemen, plus (ii) interest thereon at
26    the effective rate for each year, compounded  annually,  from
27    the date of service to the date of payment.
28        (h)  Subject to the limitation in subsection (i), a State
29    policeman  or  investigator  for  the  Secretary of State may
30    elect to establish eligible creditable service for up  to  12
31    years  of  his  service  as  a  policeman under Article 5, by
32    filing a written election with the Board on or before January
33    31, 1992, and paying to the System by  January  31,  1994  an
34    amount  to  be  determined  by  the  Board,  equal to (i) the
 
                            -12-               LRB9105290EGfg
 1    difference  between  the  amount  of  employee  and  employer
 2    contributions transferred to the System under Section  5-236,
 3    and  the  amounts  that  would have been contributed had such
 4    contributions been made at  the  rates  applicable  to  State
 5    policemen,  plus  (ii) interest thereon at the effective rate
 6    for each year, compounded annually, from the date of  service
 7    to the date of payment.
 8        Subject  to  the  limitation  in  subsection (i), a State
 9    policeman, conservation police officer, or  investigator  for
10    the  Secretary  of  State  may  elect  to  establish eligible
11    creditable service for  up  to  10  years  of  service  as  a
12    sheriff's law enforcement employee under Article 7, by filing
13    a  written  election  with the Board on or before January 31,
14    1993, and paying to the System by January 31, 1994 an  amount
15    to  be  determined  by the Board, equal to (i) the difference
16    between the amount of  employee  and  employer  contributions
17    transferred  to  the  System  under  Section 7-139.7, and the
18    amounts  that  would   have   been   contributed   had   such
19    contributions  been  made  at  the  rates applicable to State
20    policemen, plus (ii) interest thereon at the  effective  rate
21    for  each year, compounded annually, from the date of service
22    to the date of payment.
23        (i)  The total  amount  of  eligible  creditable  service
24    established  by  any  person under subsections (g), (h), (j),
25    (k), and (l) of this Section shall not exceed 12 years.
26        (j)  Subject to the  limitation  in  subsection  (i),  an
27    investigator   for   the  Office  of  the  State's  Attorneys
28    Appellate Prosecutor or a controlled substance inspector  may
29    elect  to  establish eligible creditable service for up to 10
30    years of his service as a policeman  under  Article  3  or  a
31    sheriff's law enforcement employee under Article 7, by filing
32    a  written election with the Board, accompanied by payment of
33    an amount to be determined by the Board,  equal  to  (1)  the
34    difference  between  the  amount  of  employee  and  employer
 
                            -13-               LRB9105290EGfg
 1    contributions transferred to the System under Section 3-110.6
 2    or  7-139.8, and the amounts that would have been contributed
 3    had such contributions been made at the rates  applicable  to
 4    State  policemen,  plus (2) interest thereon at the effective
 5    rate for each year, compounded annually,  from  the  date  of
 6    service to the date of payment.
 7        Subject to the limitation in subsection (i), a controlled
 8    substance   inspector   may   elect   to  establish  eligible
 9    creditable service for up to 12 years of  his  service  as  a
10    policeman  under  Article 5 by filing a written election with
11    the Board on or before March  31,  2000  and  paying  to  the
12    System  by  March  31, 2002 an amount to be determined by the
13    Board, equal to (1) the  difference  between  the  amount  of
14    employee and employer contributions transferred to the System
15    under  Section  5-236  and  the  amounts that would have been
16    contributed had such contributions been  made  at  the  rates
17    applicable  to  State policemen, plus (2) interest thereon at
18    the effective rate for each year, compounded  annually,  from
19    the date of service to the date of payment.
20        (k)  Subject  to the limitation in subsection (i) of this
21    Section,  an  alternative  formula  employee  may  elect   to
22    establish  eligible creditable service for periods spent as a
23    full-time law enforcement officer  or  full-time  corrections
24    officer  employed  by the federal government or by a state or
25    local government  located  outside  of  Illinois,  for  which
26    credit  is not held in any other public employee pension fund
27    or retirement system.  To obtain this credit,  the  applicant
28    must  file  a written application with the Board by March 31,
29    1998, accompanied by evidence of  eligibility  acceptable  to
30    the  Board  and  payment of an amount to be determined by the
31    Board, equal to (1) employee  contributions  for  the  credit
32    being  established,  based upon the applicant's salary on the
33    first day  as  an  alternative  formula  employee  after  the
34    employment  for  which  credit  is  being established and the
 
                            -14-               LRB9105290EGfg
 1    rates then applicable to alternative formula employees,  plus
 2    (2)  an  amount  determined by the Board to be the employer's
 3    normal cost of the benefits  accrued  for  the  credit  being
 4    established,  plus  (3)  regular  interest  on the amounts in
 5    items (1) and (2)  from  the  first  day  as  an  alternative
 6    formula  employee  after  the  employment for which credit is
 7    being established to the date of payment.
 8        Subject to the  limitation  in  subsection  (i)  of  this
 9    Section,  a  controlled  substance  inspector  may  elect  to
10    establish  eligible creditable service for periods spent as a
11    full-time law enforcement officer  employed  by  AMTRAK,  for
12    which credit is not held in any other public employee pension
13    fund  or  retirement  system.   To  obtain  this  credit, the
14    applicant must file a written application with the  Board  by
15    March  31,  2000,  accompanied  by  evidence  of  eligibility
16    acceptable  to  the  Board  and  payment  of  an amount to be
17    determined by the Board, equal to (1) employee  contributions
18    for  the credit being established, based upon the applicant's
19    salary on the first day as an  alternative  formula  employee
20    after  the  employment  for which credit is being established
21    and  the  rates  then  applicable  to   alternative   formula
22    employees,  plus  (2) an amount determined by the Board to be
23    the employer's normal cost of the benefits  accrued  for  the
24    credit  being  established,  plus (3) regular interest on the
25    amounts in items (1)  and  (2)  from  the  first  day  as  an
26    alternative  formula  employee after the employment for which
27    credit is being established to the date of payment.
28        (l)  Subject to  the  limitation  in  subsection  (i),  a
29    security employee of the Department of Corrections may elect,
30    not later than July 1, 1998, to establish eligible creditable
31    service  for  up  to  10  years  of  his  or her service as a
32    policeman under Article 3, by filing a written election  with
33    the  Board,  accompanied  by  payment  of  an  amount  to  be
34    determined  by the Board, equal to (i) the difference between
 
                            -15-               LRB9105290EGfg
 1    the amount of employee and employer contributions transferred
 2    to the System under Section 3-110.5,  and  the  amounts  that
 3    would  have been contributed had such contributions been made
 4    at  the  rates  applicable  to  security  employees  of   the
 5    Department  of Corrections, plus (ii) interest thereon at the
 6    effective rate for each year, compounded annually,  from  the
 7    date of service to the date of payment.
 8    (Source: P.A.  89-136,  eff.  7-14-95;  89-445,  eff. 2-7-96;
 9    89-507, eff. 7-1-97; 90-32, eff. 6-27-97; revised 7-10-98.)

10        Section 99. Effective date.  This Act takes  effect  upon
11    becoming law.

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