Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 17-114

    (40 ILCS 5/17-114) (from Ch. 108 1/2, par. 17-114)

    Sec. 17-114. Computation of service.

    (a) When computing days of validated service, contributors shall receive one day of service credit for each day for which they are paid salary representing a partial or a full day of employment rendered to an Employer or the Board.

    (b) When computing months of validated service, 17 or more days of service rendered to an Employer or the Board in a calendar month shall entitle a contributor to one month of service credit for purposes of this Article.

    (c) When computing years of validated service rendered, 170 or more days of service in a fiscal year or 10 or more months of service in a fiscal year shall constitute one year of service credit.

    (d) Notwithstanding subsections (b) and (c) of this Section, validated service in any fiscal year shall be that fraction of a year equal to the ratio of the number of days of service to 170 days.

    (e) For purposes of this Section, no contributor shall earn more than one year of service credit per fiscal year.

(Source: P.A. 97-30, eff. 7-1-11.)

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Last modified: February 18, 2015