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92_HB5175
LRB9212236EGfg
1 AN ACT in relation to public employee benefits.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 5. The Illinois Pension Code is amended by
5 changing Section 14-126 as follows:
6 (40 ILCS 5/14-126) (from Ch. 108 1/2, par. 14-126)
7 Sec. 14-126. Retirement annuity following
8 nonoccupational disability benefit. Rights on expiration
9 -Retirement annuity option on re-entry. Any member having 15
10 or more years of creditable service, and having attained at
11 least age 55, or having 20 or more years of creditable
12 service and having attained at least age 50, who, after
13 receiving nonoccupational disability benefit for the maximum
14 period of time specified herein is still disabled for
15 service, shall be entitled to receive a retirement annuity
16 beginning the first of the month following application,
17 without regard to whether the member has attained age 60.
18 If a member having 15 but less than 20 years of
19 creditable service is under age 55 when nonoccupational
20 disability benefits terminate, and the member has been
21 continuously disabled for service, the member is entitled
22 upon application to the retirement annuity upon the first of
23 the month after attainment of age 55.
24 If a member having 20 or more years of creditable service
25 is under age 50 when nonoccupational disability benefits
26 terminate, and the member has been continuously disabled for
27 service, the member is entitled upon application to the
28 retirement annuity beginning upon the first of the month
29 after attainment of age 50.
30 As an option to the computation of a retirement annuity
31 in the manner provided in this Article, if a person who
-2- LRB9212236EGfg
1 retires on a retirement annuity prior to age 60 under the
2 provisions of this Section re-enters State employment, that
3 person may refund to the system the amount theretofore
4 received as a retirement annuity and upon subsequently
5 retiring from State service shall be entitled to a retirement
6 annuity computed as though that member had not previously
7 received such annuity.
8 (Source: P.A. 80-841.)