(40 ILCS 5/2-119) (from Ch. 108 1/2, par. 2-119)
Sec. 2-119. Retirement annuity - conditions for eligibility.
(a) A participant whose service as a member is terminated, regardless of age or cause, is entitled to a retirement annuity beginning on the date specified by the participant in a written application subject to the following conditions:
1. The date the annuity begins does not precede the
date of final termination of service, or is not more than 30 days before the receipt of the application by the board in the case of annuities based on disability or one year before the receipt of the application in the case of annuities based on attained age;
2. The participant meets one of the following
eligibility requirements:
For a participant who first becomes a participant of
this System before January 1, 2011 (the effective date of Public Act 96-889):
(A) He or she has attained age 55 and has at
least 8 years of service credit;
(B) He or she has attained age 62 and terminated
service after July 1, 1971 with at least 4 years of service credit; or
(C) He or she has completed 8 years of service
and has become permanently disabled and as a consequence, is unable to perform the duties of his or her office.
For a participant who first becomes a participant of
this System on or after January 1, 2011 (the effective date of Public Act 96-889), he or she has attained age 67 and has at least 8 years of service credit.
(a-1) Notwithstanding subsection (a) of this Section, for a Tier 1 participant who begins receiving a retirement annuity under this Section on or after July 1, 2014, the required retirement age under subsection (a) is increased as follows, based on the Tier 1 participant's age on June 1, 2014:
(1) If he or she is at least age 46 on June 1, 2014,
then the required retirement ages under subsection (a) remain unchanged.
(2) If he or she is at least age 45 but less than age
46 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 4 months.
(3) If he or she is at least age 44 but less than age
45 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 8 months.
(4) If he or she is at least age 43 but less than age
44 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 12 months.
(5) If he or she is at least age 42 but less than age
43 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 16 months.
(6) If he or she is at least age 41 but less than age
42 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 20 months.
(7) If he or she is at least age 40 but less than age
41 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 24 months.
(8) If he or she is at least age 39 but less than age
40 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 28 months.
(9) If he or she is at least age 38 but less than age
39 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 32 months.
(10) If he or she is at least age 37 but less than
age 38 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 36 months.
(11) If he or she is at least age 36 but less than
age 37 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 40 months.
(12) If he or she is at least age 35 but less than
age 36 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 44 months.
(13) If he or she is at least age 34 but less than
age 35 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 48 months.
(14) If he or she is at least age 33 but less than
age 34 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 52 months.
(15) If he or she is at least age 32 but less than
age 33 on June 1, 2014, then the required retirement ages under subsection (a) are increased by 56 months.
(16) If he or she is less than age 32 on June 1,
2014, then the required retirement ages under subsection (a) are increased by 60 months.
Notwithstanding Section 1-103.1, this subsection (a-1) applies without regard to whether or not the Tier 1 participant is in active service under this Article on or after the effective date of this amendatory Act of the 98th General Assembly.
(a-5) A participant who first becomes a participant of this System on or after January 1, 2011 (the effective date of Public Act 96-889) who has attained age 62 and has at least 8 years of service credit may elect to receive the lower retirement annuity provided in paragraph (c) of Section 2-119.01 of this Code.
(b) A participant shall be considered permanently disabled only if: (1) disability occurs while in service and is of such a nature as to prevent him or her from reasonably performing the duties of his or her office at the time; and (2) the board has received a written certificate by at least 2 licensed physicians appointed by the board stating that the member is disabled and that the disability is likely to be permanent.
(Source: P.A. 98-599, eff. 6-1-14.)
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Last modified: February 18, 2015