Illinois Compiled Statutes 40 Pensions: Article 11 - Laborers' And Retirement Board Employees' Annuity And Benefit Fund--Cities Over 500,000 Inhabitants

• Illinois Pension Code. - 40 ILCS 5, Section 11-101
  Creation of fund. In each city of more than 500,000 inhabitants a Laborers' and Retirement Board Employees' Annuity and Benefit Fund shall be created,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-102
  Terms defined. The terms used in this Article have the meanings ascribed to them in Sections 11-103 to 11-124, inclusive, except when the context...
• Illinois Pension Code. - 40 ILCS 5, Section 11-103
  Fund. "Fund": The Laborers' and Retirement Board Employees' Annuity and Benefit Fund herein created. (Source: Laws 1963, p. 161.)
• Illinois Pension Code. - 40 ILCS 5, Section 11-104
  The 1935 Act. "The 1935 Act": "An Act to provide for the creation, setting apart, maintenance, and administration of a laborers' and retirement board...
• Illinois Pension Code. - 40 ILCS 5, Section 11-105
  Exchange of Functions Act of 1957. "Exchange of Functions Act of 1957": "An Act in relation to an exchange of certain functions, property and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-106
  Civil Service Act. "Civil Service Act": "An Act to regulate the civil service of cities", approved March 20, 1895, as amended, superseded by the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-106.1
  "Municipal Personnel Ordinance": In the case of a city exercising constitutionally authorized home rule unit authority, an ordinance of any city in which this...
• Illinois Pension Code. - 40 ILCS 5, Section 11-107
  Employer. "Employer": A city of more than 500,000 inhabitants, the Board of Education of such city to which this Article applies, the board of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-108
  Effective date. "Effective Date": July 1, 1935, for any city covered by "The 1935 Act" on the date this Article comes in effect; and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-109
  Retirement board or board. "Retirement board" or "board": The Retirement Board of the Laborers' and Retirement Board Employees' Annuity and Benefit Fund created by...
• Illinois Pension Code. - 40 ILCS 5, Section 11-110
  Employee, contributory, contributor or participant. "Employee", "contributory", "contributor" or "participant": (a) Any employee of an employer in a position classified by the civil service...
• Illinois Pension Code. - 40 ILCS 5, Section 11-110.1
  Gender. The masculine gender whenever used in this Article includes the feminine gender and all annuities and other benefits applicable to male employees and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-111
  Present employee. "Present employee": (a) Any employee of an employer on the day before the effective date; (b) Any person who becomes an employee...
• Illinois Pension Code. - 40 ILCS 5, Section 11-112
  Future entrant. "Future entrant": any employee of an employer employed for the first time on or after the effective date. (Source: Laws 1963, p.
• Illinois Pension Code. - 40 ILCS 5, Section 11-113
  Re-entrant. "Re-entrant": Any employee who withdraws from service and receives a refund, and thereafter re-enters service prior to age 65. (Source: Laws 1963, p.
• Illinois Pension Code. - 40 ILCS 5, Section 11-114
  The service or service. "The service" or "service": Any employment for which a contributor is entitled to receive monetary compensation from an employer; also...
• Illinois Pension Code. - 40 ILCS 5, Section 11-115
  Term of service. "Term of service": All periods of time during which the employee shall perform service as hereinbefore defined. (Source: Laws 1963, p.
• Illinois Pension Code. - 40 ILCS 5, Section 11-116
  Salary. "Salary": Annual salary of an employee as follows: (a) Beginning on the effective date and prior to July 1, 1947, $3,000 shall be...
• Illinois Pension Code. - 40 ILCS 5, Section 11-117
  Reserve basis. "Reserve basis": A method for the calculation of annuities from credited sums by recognized actuarial criteria involving a designated mortality table and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-118
  Disability. "Disability": A physical or mental incapacity as the result of which an employee is unable to perform the duties of his assigned position....
• Illinois Pension Code. - 40 ILCS 5, Section 11-119
  Injury. "Injury": A physical hurt resulting from external force or violence. (Source: Laws 1963, p. 161.)
• Illinois Pension Code. - 40 ILCS 5, Section 11-120
  Withdraws from service, withdrawal from service or withdrawal. "Withdraws from service", "withdrawal from service" or "withdrawal": Discharge or resignation of an employee. For refund...
• Illinois Pension Code. - 40 ILCS 5, Section 11-121
  Assets. "Assets": The total value of cash, securities and other property held. Bonds shall be valued at their amortized book values. (Source: Laws 1963,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-122
  Age. "Age": Age at last birthday preceding the date of ascertainment of age under this Article. (Source: Laws 1963, p. 161.)
• Illinois Pension Code. - 40 ILCS 5, Section 11-123
  Effective rate of interest, interest at the effective rate or interest. "Effective rate of interest", "interest at the effective rate" or "interest": Interest at...
• Illinois Pension Code. - 40 ILCS 5, Section 11-124
  Annuity. "Annuity": Equal monthly payments for life, unless terminated earlier under Section 11-148, 11-152, 11-153, or 11-230. For annuities taking effect before January 1,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125
  Persons to whom article does not apply. (A) This Article does not apply to any of the following persons: (a) Any person employed prior...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.1
  (a) Any active member of the General Assembly Retirement System may apply for transfer of his credits and creditable service accumulated under this Fund...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.2
  Validation of service credits. An active member of the General Assembly having no service credits or creditable service in the Fund, may establish service...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.3
  (a) Persons otherwise required or eligible to participate in the Fund who elect to continue participation in the General Assembly System under Section 2-117.1...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.4
  Validation of Service. Every participant in the Fund on the effective date of this amendatory Act of 1983 shall be deemed to have been...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.5
  Transfer of creditable service to Article 8, 9 or 13 Fund. (a) Any city officer as defined in Section 8-243.2 of this Code, any...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.6
  Age Discrimination. Notwithstanding any other provisions in this Article, it is the intention of the General Assembly to comply with the federal Age Discrimination...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.7
  Transfer to Article 18 system. Any active member of the Judges Retirement System who is eligible to transfer service credit to that System from...
• Illinois Pension Code. - 40 ILCS 5, Section 11-125.8
  Service as police officer, firefighter, or teacher. (a) Service rendered by an employee as a police officer and member of the regularly constituted police...
• Illinois Pension Code. - 40 ILCS 5, Section 11-126
  Prior service annuity-When due. A "Prior Service Annuity" shall be credited to present employees in accordance with "The 1935 Act" for service rendered prior...
• Illinois Pension Code. - 40 ILCS 5, Section 11-127
  Age and service annuity. An "Age and Service Annuity" shall be credited employees for service rendered after the effective date. (Source: Laws 1963, p.
• Illinois Pension Code. - 40 ILCS 5, Section 11-128
  Annuities - Present employees and future entrants attaining age 65 in service. (a) A present employee who attains age 65 or more in service,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-129
  Annuities-Present employees and future entrants-Withdrawal after age 60 and prior to 65. An employee who attains age 60 or more but less than 65...
• Illinois Pension Code. - 40 ILCS 5, Section 11-130
  Annuities - Present employees and future entrants - Withdrawal after age 55 and prior to 60. An employee who attains age 55 or more...
• Illinois Pension Code. - 40 ILCS 5, Section 11-131
  Annuities - Present employees and future entrants - Withdrawal before age 55. An employee who withdraws after 10 years of service before age 55...
• Illinois Pension Code. - 40 ILCS 5, Section 11-132
  Annuities-Re-entry into service. Annuity in excess of that fixed in Sections 11-129, 11-130 and 11-131 shall not be granted to any employee described therein,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-133
  Service after time of fixing annuity. Service rendered after the time of fixing an annuity shall not be considered for age and service annuity...
• Illinois Pension Code. - 40 ILCS 5, Section 11-133.1
  Early retirement incentive. (a) To be eligible for the benefits provided in this Section, an employee must: (1) be a current contributor to the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-133.2
  Early retirement incentive. (a) To be eligible for the benefits provided in this Section, an employee must: (1) be a current contributor to the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-133.3
  Early retirement incentive. (a) To be eligible for the benefits provided in this Section, an employee must: (1) have been a contributor to the Fund...
• Illinois Pension Code. - 40 ILCS 5, Section 11-133.4
  Early retirement incentive for employees who have earned maximum pension benefits. (a) A person who is eligible for the benefits provided under Section 11-133.3 and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-134
  Minimum annuities. (a) An employee whose withdrawal occurs after July 1, 1957 at age 60 or over, with 20 or more years of service, (as...
• Illinois Pension Code. - 40 ILCS 5, Section 11-134.1
  Automatic increase in annuity. (a) An employee who retired or retires from service after December 31, 1963, and before January 1, 1987, having attained age...
• Illinois Pension Code. - 40 ILCS 5, Section 11-134.2
  Reversionary annuity. (a) An employee, prior to retirement on annuity, may elect to take a lesser amount of annuity and provide, with the actuarial...
• Illinois Pension Code. - 40 ILCS 5, Section 11-134.3
  Automatic increases in annuity for certain heretofore retired participants. (a) A retired employee who (i) is receiving annuity based on a service credit of 20...
• Illinois Pension Code. - 40 ILCS 5, Section 11-135
  Widow's prior service annuity. A "Widow's Prior Service Annuity" shall be credited for the widow of a male present employee for service prior to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-136
  Widow's annuity. A "Widow's Annuity" shall be credited for the widow of any male employee covering service after the effective date, payable from and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-137
  Widow's annuity-Present employee age 65 on effective date. The widow of a present employee who attains age 65 or more on or before the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-138
  Widow's annuity-Present employees and future entrants attaining age 65 in service. The widow of a present employee who attains age 65 while in service...
• Illinois Pension Code. - 40 ILCS 5, Section 11-139
  Widow's annuity-Present employees and future entrants-Death in service before 65. The widow of an employee whose death occurs in service before age 65 shall...
• Illinois Pension Code. - 40 ILCS 5, Section 11-140
  Widow's annuity-Present employees and future entrants-Withdrawal after age 60 but before 65. The widow of an employee who attains age 60 or more but...
• Illinois Pension Code. - 40 ILCS 5, Section 11-141
  Widow's annuity - Present employees and future entrants - Withdrawal after age 55 but before 60. The widow of an employee who, (1) attains...
• Illinois Pension Code. - 40 ILCS 5, Section 11-142
  Widow's annuity - Present employees and future entrants - Withdrawal before age 55. The widow of an employee who withdraws after 10 or more...
• Illinois Pension Code. - 40 ILCS 5, Section 11-143
  Widow's annuity - Present employees and future entrants - Withdrawal and death before age 55. The widow of an employee with 10 or more...
• Illinois Pension Code. - 40 ILCS 5, Section 11-144
  Widow's annuity-Re-entry of employee into service. No annuity in excess of that fixed in accordance with Sections 11-140, 11-141 and 11-142 shall be granted...
• Illinois Pension Code. - 40 ILCS 5, Section 11-145
  Employee's widow's annuity - No contributions or service credits after fixation. No contributions by the employee or the city for an annuity for the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-145.1
  Minimum annuities for widows. The widow otherwise eligible for widow's annuity under other Sections of this Article 11, of an employee hereinafter described, who retires...
• Illinois Pension Code. - 40 ILCS 5, Section 11-146
  Compensation annuity and supplemental annuity. When annuity otherwise provided in this Article for the widow of an employee whose death results solely from injury...
• Illinois Pension Code. - 40 ILCS 5, Section 11-147
  Widows or wives not entitled to annuity. The following widows or wives of employees have no right to annuity from the fund: (a) The...
• Illinois Pension Code. - 40 ILCS 5, Section 11-148
  Widow's remarriage. A widow's annuity shall terminate when she remarries if the marriage takes place before the date 60 days after the effective date...
• Illinois Pension Code. - 40 ILCS 5, Section 11-148.1
  Annuities to survivors of female employees. All provisions of this Article relating to annuities or benefits to a widow, minor children or other survivors...
• Illinois Pension Code. - 40 ILCS 5, Section 11-149
  Maximum annuities. (1) The annuities to an employee and his widow are subject to the following limitations: (a) No age and service annuity or...
• Illinois Pension Code. - 40 ILCS 5, Section 11-150
  Mortality tables and interest rates. (a) Any single life annuity fixed or granted to any employee who was a participant on or before January...
• Illinois Pension Code. - 40 ILCS 5, Section 11-151
  Computation of interest. For the computation of interest upon any sum contributed by an employee, it shall be assumed that the sum was contributed...
• Illinois Pension Code. - 40 ILCS 5, Section 11-152
  Term annuities - How computed. In any case in which an employee's credit for an annuity for himself or his widow is insufficient -...
• Illinois Pension Code. - 40 ILCS 5, Section 11-153
  Child's annuity. (a) A "Child's Annuity" shall be payable monthly after the death of an employee parent to an unmarried child until the child's attainment...
• Illinois Pension Code. - 40 ILCS 5, Section 11-154
  Amount of child's annuity. Beginning on the effective date of this amendatory Act of 1997, the amount of a child's annuity shall be $220...
• Illinois Pension Code. - 40 ILCS 5, Section 11-155
  Duty disability benefit; Child's disability benefit. An employee who becomes disabled on or after the effective date while under age 65 and prior to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-156
  Ordinary disability benefit. An employee, while under age 65 and prior to January 1, 1979, or while under age 70 and after January 1,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-157
  Proof of disability, duty and ordinary. Proof of duty or ordinary disability shall be furnished to the board by at least one licensed and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-158
  When disability benefit not payable. (a) If an employee receiving duty or ordinary disability benefit refuses to submit to examination by a physician appointed by...
• Illinois Pension Code. - 40 ILCS 5, Section 11-159
  Annuity after withdrawal while disabled. An employee whose disability continues after he has received ordinary disability benefit for the maximum period of time prescribed...
• Illinois Pension Code. - 40 ILCS 5, Section 11-160
  Prior disability. No disability benefit shall be granted or paid, under this Article, for any disability incurred by an employee before the effective date....
• Illinois Pension Code. - 40 ILCS 5, Section 11-160.1
  Payments to city. (a) For the purposes of this Section, "city annuitant" means a person receiving an age and service annuity, a widow's annuity, a...
• Illinois Pension Code. - 40 ILCS 5, Section 11-160.2
  Payments to board of education for group health benefits. (a) Should the Board of Education continue to sponsor a retiree health plan, the board is...
• Illinois Pension Code. - 40 ILCS 5, Section 11-161
  Re-entry into service. (a) When an employee who has withdrawn from service reenters service before age 65, any annuity previously granted and any annuity...
• Illinois Pension Code. - 40 ILCS 5, Section 11-162
  Re-entry into service - Prior employee. An employee who was not in the service of an employer or the retirement board of any annuity...
• Illinois Pension Code. - 40 ILCS 5, Section 11-163
  Restoration of rights. An employee who has withdrawn as a refund the amounts credited for annuity purposes, and who (i) re-enters service of the employer...
• Illinois Pension Code. - 40 ILCS 5, Section 11-164
  Refunds - Withdrawal before age 55 or age 62 or with less than 10 years of service. (1) An employee who first became a member...
• Illinois Pension Code. - 40 ILCS 5, Section 11-165
  Refund of widow's annuity deductions. If a male employee is (1) unmarried when he attains age 65, or (2) married at age 65, and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-166
  Refunds - When paid to beneficiaries, children or estate. Whenever the total amount accumulated to the account of a deceased employee from employee contributions...
• Illinois Pension Code. - 40 ILCS 5, Section 11-167
  Refunds in lieu of annuity. In lieu of an annuity, an employee who withdraws, and whose annuity would amount to less than $800 a month...
• Illinois Pension Code. - 40 ILCS 5, Section 11-168
  Refunds-Transfer of city contributions. Whenever any amount is refunded, as provided in Sections 11-164 and 11-165, the amounts to the credit of the employee...
• Illinois Pension Code. - 40 ILCS 5, Section 11-169
  Financing; tax levy. (a) Except as provided in subsection (f) of this Section, the city council of the city shall levy a tax annually upon...
• Illinois Pension Code. - 40 ILCS 5, Section 11-169.1
  Funding obligation. (a) Beginning January 1, 2015, the city shall be obligated to contribute to the Fund in each fiscal year an amount not less...
• Illinois Pension Code. - 40 ILCS 5, Section 11-170
  Contributions for age and service annuities for present employees, future entrants and re-entrants. (a) Beginning on the effective date and prior to July 1, 1947,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-170.1
  Pickup of employee contributions. (a) The employer may pick up the employee contributions required by Sections 11-156, 11-170, 11-174 and 11-175.1 for salary earned after...
• Illinois Pension Code. - 40 ILCS 5, Section 11-171
  Additional contributions and credits-All employees. Any employee in service on July 1, 1947, may elect to make an additional contribution while in service which...
• Illinois Pension Code. - 40 ILCS 5, Section 11-172
  Contributions by employee after annuity is fixed. Any contributions by an employee, after the date when his age and service annuity is fixed, shall...
• Illinois Pension Code. - 40 ILCS 5, Section 11-173
  Interest credits-All employees. Amounts credited for age and service and prior service annuity shall be improved by interest at the effective rate from the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-174
  Contributions for widow's annuity for widows of present employees, future entrants and re-entrants. (a) Beginning on the effective date, 1%, and from and after...
• Illinois Pension Code. - 40 ILCS 5, Section 11-175
  Widow's annuity interest credits-All employees. Amounts allocated to the account of and credited for widow's and widow's prior service annuity shall be improved by...
• Illinois Pension Code. - 40 ILCS 5, Section 11-175.1
  Contributions by female employees. (a) Effective as of October 1, 1974, each female employee shall contribute at the same rates as a male employee...
• Illinois Pension Code. - 40 ILCS 5, Section 11-176
  Contributions by city for duty disability benefit. In lieu of all amounts ordinarily contributed by an employee and by the city for age and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-177
  Contributions by city for ordinary disability benefit. The city shall contribute all amounts ordinarily contributed by it for annuity purposes for any employee receiving...
• Illinois Pension Code. - 40 ILCS 5, Section 11-178
  Contributions by city for prior service annuities and other benefits. The city shall make contributions to provide prior service and widow's prior service annuities, and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-179
  Contribution by city for administration costs. The city shall contribute from revenue derived from taxes herein authorized, the amount necessary to defray costs of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-179.1
  Use of contributions for health care subsidies. Except as may be required pursuant to Sections 11-160.1 and 11-160.2 of this Code, the Fund shall not...
• Illinois Pension Code. - 40 ILCS 5, Section 11-180
  Estimates of sums required for certain annuities and benefits. The board shall estimate the amounts required each year to pay for all annuities and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-181
  Board created. A board of 8 members shall constitute the board of trustees authorized to carry out the provisions of this Article. The board shall...
• Illinois Pension Code. - 40 ILCS 5, Section 11-182
  Board elections; qualification; oath. (a) In each year, the board shall conduct a regular election, under rules adopted by it, at least 30 days...
• Illinois Pension Code. - 40 ILCS 5, Section 11-183
  Board vacancy. A vacancy in the membership of the board shall be filled as follows: If the vacancy is that of an appointive member,...
• Illinois Pension Code. - 40 ILCS 5, Section 11-184
  Board officers. The board shall elect annually at its regular December meeting from among its members, by a majority vote of the members voting...
• Illinois Pension Code. - 40 ILCS 5, Section 11-185
  Board meetings. The board shall hold regular meetings in each month and special meetings as it deems necessary. A majority of the members shall...
• Illinois Pension Code. - 40 ILCS 5, Section 11-186
  Board powers and duties. The board shall have the powers and duties stated in Sections 11-187 to 11-198, inclusive, in addition to such other...
• Illinois Pension Code. - 40 ILCS 5, Section 11-187
  To supervise collections. To see that all amounts specified in this Article to be applied to the fund, from any source, are collected and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-188
  To notify of deductions. To notify the city comptroller and the board of education of the city and any such retirement board concerned of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-189
  To accept gifts. To accept by gift, grant, bequest or otherwise any money or property of any kind and use the same for the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-190
  To invest the reserves. To invest the reserves of the fund in accordance with Sections 1-109, 1-109.1, 1-109.2, 1-110, 1-111, 1-114, and 1-115 of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-190.1
  Loan of securities. The Board may lend securities owned by the Fund to a borrower upon such written terms and conditions as may be...
• Illinois Pension Code. - 40 ILCS 5, Section 11-191
  To have an audit. To have an audit of the accounts of the fund made at least once each year by certified public accountants....
• Illinois Pension Code. - 40 ILCS 5, Section 11-192
  To authorize payments. To authorize or suspend the payment of any annuity or benefit in accordance with this Article. The board shall have exclusive...
• Illinois Pension Code. - 40 ILCS 5, Section 11-193
  To determine service credits. To require each employee to file a statement concerning service rendered the employer and the retirement board, prior to the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-194
  To issue certificate of prior service. To issue a certificate showing the entire period of service rendered by a present employee prior to the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-195
  To submit an annual report. To submit a report in July of each year to the city council of the city, as of the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-196
  To subpoena witnesses. To compel witnesses to testify before it upon any matter concerning the fund and allow witness fees not in excess of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-197
  To appoint employees. To appoint such actuarial, medical, legal, clerical or other employees as are necessary and fix their compensation. The board shall develop...
• Illinois Pension Code. - 40 ILCS 5, Section 11-198
  To make rules. To make rules and regulations necessary for the administration of the fund. (Source: Laws 1963, p. 161.)
• Illinois Pension Code. - 40 ILCS 5, Section 11-199
  Moneys to be held on deposit. To make the payments authorized by this Article, the board may keep and hold uninvested a sum not...
• Illinois Pension Code. - 40 ILCS 5, Section 11-200
  Accounting. An adequate system of accounts and records shall be established to give effect to the requirements of this Article, and shall be maintained...
• Illinois Pension Code. - 40 ILCS 5, Section 11-201
  Expense reserve. Amounts contributed by the city to defray the cost of administration of the fund shall be credited to this reserve. Expenses of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-202
  City contribution reserve. Amounts contributed by the city for age and service annuity, widow's annuity and supplemental annuity (except those contributed in lieu of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-203
  Employees' contribution reserve. Amounts deducted from employee's salaries for age and service annuity and widow's annuity, or otherwise contributed by employees, amounts contributed by...
• Illinois Pension Code. - 40 ILCS 5, Section 11-204
  Annuity payment reserve. Amounts transferred from the city contribution reserve and the employees' contribution reserve for annuities which have been fixed, amounts deducted from...
• Illinois Pension Code. - 40 ILCS 5, Section 11-205
  Prior service annuity reserve. Amounts contributed by the city for prior service annuity, widow's prior service annuity and minimum annuities, shall be credited to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-206
  Child's annuity reserve. Amounts contributed by the city for child's annuity shall be credited to this reserve and such annuities shall be charged to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-207
  Duty disability reserve. Amounts contributed by the city for duty disability benefits and child's disability benefits, and amounts contributed by the city for compensation...
• Illinois Pension Code. - 40 ILCS 5, Section 11-208
  Ordinary disability reserve. Amounts contributed by the city for ordinary disability benefit shall be credited to this reserve and such benefits shall be charged...
• Illinois Pension Code. - 40 ILCS 5, Section 11-209
  Gift reserve. Money or property received by the board for any purpose under other laws, or as gifts, grants, or bequests, or in any...
• Illinois Pension Code. - 40 ILCS 5, Section 11-210
  Investment and interest reserve. (1) Gains from investments and interest earnings shall be credited to this reserve. Losses from investments shall be charged to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-211
  Deficiencies in reserves. If the balance in the expense reserve, the prior service annuity reserve, the child's annuity reserve, the duty disability reserve or...
• Illinois Pension Code. - 40 ILCS 5, Section 11-212
  Treasurer of fund. The city treasurer shall be ex-officio the treasurer and custodian of the fund and shall furnish to the board a bond...
• Illinois Pension Code. - 40 ILCS 5, Section 11-213
  Attorney. The chief legal officer of the city shall be the legal advisor of and attorney for the board. If it shall deem such...
• Illinois Pension Code. - 40 ILCS 5, Section 11-214
  Computation of term of service, annual salary and salary deductions. For the purpose of this Article, term of service, annual salary and salary deductions...
• Illinois Pension Code. - 40 ILCS 5, Section 11-215
  Computation of service. (a) In computing the term of service of an employee prior to the effective date, the entire period beginning on the date...
• Illinois Pension Code. - 40 ILCS 5, Section 11-215.1
  Concurrent Employment. If a participant in this fund is employed concurrently by an employer whose employees are participants in a public retirement system created...
• Illinois Pension Code. - 40 ILCS 5, Section 11-216
  Basis of service credit. (a) In computing the period of service of any employee for the minimum annuities, the following provisions shall govern: (1)...
• Illinois Pension Code. - 40 ILCS 5, Section 11-217
  Basis of annual salary. For the purpose of this Article, the annual salary of an employee whose salary or wage is appropriated, fixed, or arranged...
• Illinois Pension Code. - 40 ILCS 5, Section 11-218
  Basis of salary deduction. The total of salary deductions for employee contributions for annuity purposes for any 1 calendar year shall not exceed that...
• Illinois Pension Code. - 40 ILCS 5, Section 11-219
  Retirement Systems Reciprocal Act. The "Retirement Systems Reciprocal Act", being Article 20 of this Code, as now enacted or hereafter amended, is hereby adopted...
• Illinois Pension Code. - 40 ILCS 5, Section 11-220
  Employees in territory annexed. Whenever territory is annexed to the city, any person then employed as a laborer by such annexed territory, who shall...
• Illinois Pension Code. - 40 ILCS 5, Section 11-221
  Employees under Act. (a) Any contributor becoming employed on or after the effective date (except a participant in any other annuity, retirement or pension...
• Illinois Pension Code. - 40 ILCS 5, Section 11-221.1
  Right of employees to contribute for certain other service. Any employee in the service, after having made contributions covering a period of 10 or...
• Illinois Pension Code. - 40 ILCS 5, Section 11-221.2
  Establishment and restoration of service credit. (a) Beginning on the effective date of this amendatory Act of 1991, an employee who is still in...
• Illinois Pension Code. - 40 ILCS 5, Section 11-221.3
  Payments and rollovers. (a) The Board may adopt rules prescribing the manner of repaying refunds and purchasing any other credits permitted under this Article....
• Illinois Pension Code. - 40 ILCS 5, Section 11-222
  Certain park district employees. The "Exchange of Functions Act of 1957", to the extent that it applies to the fund, is incorporated into and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-223
  Annuities, etc., exempt. (a) All annuities, refunds, pensions, and disability benefits granted under this Article shall be exempt from attachment or garnishment process and...
• Illinois Pension Code. - 40 ILCS 5, Section 11-223.1
  Assignment for health, hospital and medical insurance. The board may provide, by regulation, that any annuitant or pensioner, may assign his annuity or disability...
• Illinois Pension Code. - 40 ILCS 5, Section 11-223.2
  Notification of assignment. The annuitant or pensioner shall notify the board in writing of the assignment of his annuity or disability benefit for payment...
• Illinois Pension Code. - 40 ILCS 5, Section 11-223.3
  Termination of assignment. Any notification of assignment and authorization to make insurance premium payments shall cease; (a) upon written notice to the board of...
• Illinois Pension Code. - 40 ILCS 5, Section 11-223.4
  Notification forms. The board shall prescribe a form or forms to be used for the notification of assignment required by Section 11-223.2. The board...
• Illinois Pension Code. - 40 ILCS 5, Section 11-224
  Board members-No compensation. No member of the board shall receive any moneys from the fund as salary for service performed as a member or...
• Illinois Pension Code. - 40 ILCS 5, Section 11-225
  No commissions on investments. No member of the board, and no person officially connected with the board, as employee, legal advisor, custodian of the...
• Illinois Pension Code. - 40 ILCS 5, Section 11-226
  Duties of municipal officers. The proper officers of the city and of the board of education and of the retirement board without cost to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-227
  Age of employee. For any employee who has filed an application for appointment to the service of an employer or retirement board, the age...
• Illinois Pension Code. - 40 ILCS 5, Section 11-228
  Office facilities. Suitable rooms for office and meetings of the board shall be assigned by the mayor of the city. (Source: Laws 1963, p.
• Illinois Pension Code. - 40 ILCS 5, Section 11-229
  Compliance with article. All officers, officials, and employees of the city or of such board of education or of any retirement board concerned shall...
• Illinois Pension Code. - 40 ILCS 5, Section 11-230
  Felony conviction. None of the benefits provided in this Article shall be paid to any person who is convicted of any felony relating to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-231
  Administrative review. The provisions of the Administrative Review Law, and all amendments and modifications thereof, and the rules adopted pursuant thereto shall apply to...
• Illinois Pension Code. - 40 ILCS 5, Section 11-232
  General provisions and savings clause. The provisions of Article 1 and Article 23 of this Code apply to this Article as though such provisions...

Last modified: February 18, 2015