Illinois Compiled Statutes 40 Pensions: Article 13 - Metropolitan Water Reclamation District Retirement Fund

Part I. General Provisions.

• Illinois Pension Code. - 40 ILCS 5, Section 13-101
  Creation of Fund. In each sanitary district organized under the Metropolitan Water Reclamation District Act, a Sanitary District Employees' and Trustees' Annuity and Benefit...
• Illinois Pension Code. - 40 ILCS 5, Section 13-102
  Amendatory Act of 1991. This amendatory Act of 1991 is intended to clarify and restate the provisions of this Article 13 and to make...

Part II. Definitions.

• Illinois Pension Code. - 40 ILCS 5, Section 13-201
  Terms defined. The terms used in this Article shall have the meanings ascribed to them in this Part II, except when the context otherwise...
• Illinois Pension Code. - 40 ILCS 5, Section 13-202
  "Fund": The Metropolitan Water Reclamation District Retirement Fund, formerly known as the "Sanitary District Employees' and Trustees' Annuity and Benefit Fund" which was heretofore...
• Illinois Pension Code. - 40 ILCS 5, Section 13-203
  "Employer": The Metropolitan Water Reclamation District of Greater Chicago, a unit of local government organized pursuant to the provisions of the Metropolitan Water Reclamation...
• Illinois Pension Code. - 40 ILCS 5, Section 13-204
  "Employee": (a) Any employee of the Water Reclamation District appointed to the classified civil service under the Metropolitan Water Reclamation District Act or any...
• Illinois Pension Code. - 40 ILCS 5, Section 13-205
  "Retirement Board" or "Board": The Board of Trustees of the Metropolitan Water Reclamation District Retirement Fund. (Source: P.A. 87-794.)
• Illinois Pension Code. - 40 ILCS 5, Section 13-206
  "Service": Any employment for the District or the Board, excluding overtime or extra service for which an employee is entitled to receive salary. (Source:...
• Illinois Pension Code. - 40 ILCS 5, Section 13-207
  "Salary": The salary paid to an employee for service to the District or to the Board, including salary paid for vacation and sick leave...
• Illinois Pension Code. - 40 ILCS 5, Section 13-208
  "Average final salary": The highest average annual salary as calculated by accumulating the salary for the highest 52 consecutive pay periods within the last...
• Illinois Pension Code. - 40 ILCS 5, Section 13-209
  "Disability": A physical or mental incapacity of an employee to perform assigned duties. (Source: P.A. 87-794.)
• Illinois Pension Code. - 40 ILCS 5, Section 13-210
  "Withdraw" or "withdrawal": Discharge, termination or resignation of an employee. (Source: P.A. 87-794.)
• Illinois Pension Code. - 40 ILCS 5, Section 13-211
  "Assets": The total value of cash, securities and other property held. Bonds shall be held at their amortized book values. Other investments shall be...
• Illinois Pension Code. - 40 ILCS 5, Section 13-212
  "Age": Age at last birthday preceding the date on which ascertainment of age is necessary to any computation under this Article. (Source: P.A. 87-794.)
• Illinois Pension Code. - 40 ILCS 5, Section 13-213
  "Contributions": Any moneys paid or payable to the Fund by the District or by any employee, or any salary deduction hereunder. (Source: P.A. 92-53,...
• Illinois Pension Code. - 40 ILCS 5, Section 13-214
  "Accumulated employee contributions": The amounts, including interest credited thereon, contributed by the employee for retirement and surviving spouse's annuity to the date of the...
• Illinois Pension Code. - 40 ILCS 5, Section 13-215
  "Retirement annuity": A benefit payable as an annuity for service as an employee. The annuity shall be payable in equal monthly installments for life, except...
• Illinois Pension Code. - 40 ILCS 5, Section 13-216
  "Surviving spouse's annuity": The amount payable as a surviving spouse annuity commencing on the date of the employee's or retiree's death. The annuity shall be...

Part III. Annuities and Benefits.

• Illinois Pension Code. - 40 ILCS 5, Section 13-301
  Retirement annuity; eligibility. Any employee who withdraws from service and meets the age and service requirements and other conditions set forth in subsections (a), (b),...
• Illinois Pension Code. - 40 ILCS 5, Section 13-302
  Computation of retirement annuity. (a) Computation of annuity. An employee who withdraws from service on or after July 1, 1989 and who has met the...
• Illinois Pension Code. - 40 ILCS 5, Section 13-303
  Reversionary annuity. (a) An employee, prior to retirement on annuity, may elect a lesser amount of annuity and provide, with the actuarial value of the...
• Illinois Pension Code. - 40 ILCS 5, Section 13-304
  Optional plan of additional benefits and contributions made through December 31, 2002. (a) While this plan is in effect, an eligible employee may establish...
• Illinois Pension Code. - 40 ILCS 5, Section 13-304.1
  Optional plan of additional benefits and contributions made January 1, 2003 through December 31, 2007. (a) While this plan is in effect, an employee...
• Illinois Pension Code. - 40 ILCS 5, Section 13-305
  Surviving spouse's annuity; eligibility. A surviving spouse who was married to an employee on the date of the employee's death while in service, or was...
• Illinois Pension Code. - 40 ILCS 5, Section 13-306
  Computation of surviving spouse's annuity. (a) Computation of the annuity. The surviving spouse's annuity shall be equal to 60% of the retirement annuity earned and...
• Illinois Pension Code. - 40 ILCS 5, Section 13-307
  Term annuity. Whenever a retirement or surviving spouse annuity is less than $200 per month, it may be converted to a term annuity in...
• Illinois Pension Code. - 40 ILCS 5, Section 13-308
  Child's annuity. (a) Eligibility. A child's annuity shall be provided for each unmarried child under the age of 18 years (under the age of 23...
• Illinois Pension Code. - 40 ILCS 5, Section 13-309
  Duty disability benefit. (a) Any employee who becomes disabled, which disability is the result of an injury or illness compensable under the Illinois Workers' Compensation...
• Illinois Pension Code. - 40 ILCS 5, Section 13-310
  Ordinary disability benefit. (a) Any employee who becomes disabled as the result of any cause other than injury or illness incurred in the performance of...
• Illinois Pension Code. - 40 ILCS 5, Section 13-311
  Credit for Workers' Compensation payments. If an employee, or an employee's spouse or children, receives compensation under any workers' compensation or occupational diseases law,...
• Illinois Pension Code. - 40 ILCS 5, Section 13-312
  Subrogation. In those cases where injury or death for which any disability or other benefit because of death resulting from such injury is payable...
• Illinois Pension Code. - 40 ILCS 5, Section 13-313
  Credit during disability. An employee shall receive credit during any period of duty disability and beginning September 1, 1969 during any period of ordinary...
• Illinois Pension Code. - 40 ILCS 5, Section 13-314
  Alternative provisions for Water Reclamation District commissioners. (a) Transfer of credits. Any Water Reclamation District commissioner elected by vote of the people and who has...
• Illinois Pension Code. - 40 ILCS 5, Section 13-315
  Waiver of annuity. Any competent employee annuitant or surviving spouse annuitant may execute a waiver of the right to receive any part of the...

Part IV. Computation of Service.

• Illinois Pension Code. - 40 ILCS 5, Section 13-401
  Term of service. (a) In computing the term of service, the following periods of time shall be counted as periods of service for annuity...
• Illinois Pension Code. - 40 ILCS 5, Section 13-402
  Length of service. For the purpose of computing the length of service for the retirement annuity, surviving spouse's annuity, and child's annuity, and calculating the...
• Illinois Pension Code. - 40 ILCS 5, Section 13-403
  Military service. (a) Any employee who, after commencement of service with the Employer, enlisted, was inducted or was otherwise ordered to serve in the military...

Part V. Contributions and Tax Levy

• Illinois Pension Code. - 40 ILCS 5, Section 13-501
  Contributions computed on actuarially funded basis. The obligations of the various annuities and benefits provided by this Article shall be financed by contributions by...
• Illinois Pension Code. - 40 ILCS 5, Section 13-502
  Employee contributions; deductions from salary. (a) Retirement annuity and child's annuity. Except as otherwise provided in this Section, there shall be deducted from each payment...
• Illinois Pension Code. - 40 ILCS 5, Section 13-503
  Tax levy. Until fiscal year 2013, the Water Reclamation District shall annually levy a tax upon all the taxable real property within the District at...
• Illinois Pension Code. - 40 ILCS 5, Section 13-504
  Mortality tables and interest rates. All reserves and liabilities for annuities under this Article shall be computed according to actuarial tables adopted by the...

Part VI. Refunds, Re-entry and Restoration of Rights.

• Illinois Pension Code. - 40 ILCS 5, Section 13-601
  Refunds. (a) Withdrawal from service. Upon withdrawal from service, an employee who first became a member before January 1, 2011, who is under age 55...
• Illinois Pension Code. - 40 ILCS 5, Section 13-602
  Re-entry. (a) Before retirement. An employee who withdraws and elects not to receive a refund and later returns to service shall receive credit for...
• Illinois Pension Code. - 40 ILCS 5, Section 13-603
  Restoration of rights. If an employee who has received a refund subsequently re-enters the service and renders one year of contributing service from the date...

Part VII. Retirement Board.

• Illinois Pension Code. - 40 ILCS 5, Section 13-701
  Board created. A board of 7 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 13-702
  Board elections. Beginning on the effective date of this amendatory Act of the 95th General Assembly, in each year, the Board shall conduct a regular...
• Illinois Pension Code. - 40 ILCS 5, Section 13-703
  Board vacancy. A vacancy occurring in the membership of the Board shall be filled as follows: If the vacancy is of an appointive member,...
• Illinois Pension Code. - 40 ILCS 5, Section 13-704
  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 13-705
  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 13-706
  Board powers and duties. The Board shall have the powers and duties set forth in this Section, in addition to such other powers and duties...
• Illinois Pension Code. - 40 ILCS 5, Section 13-707
  No Compensation. A member of the Retirement Board shall not receive any moneys from the Fund, as salary for service performed as a member,...
• Illinois Pension Code. - 40 ILCS 5, Section 13-708
  No commissions on investments. No member of the Board, and no person officially connected with the Board, either as an employee or as a...
• Illinois Pension Code. - 40 ILCS 5, Section 13-709
  Duties of officers of the District. (a) In addition to those other requirements set forth in this Article, the proper officers of the Water...
• Illinois Pension Code. - 40 ILCS 5, Section 13-710
  Age of employee. In any application for appointment to the service of the District, the age stated therein shall be conclusive evidence of the...
• Illinois Pension Code. - 40 ILCS 5, Section 13-711
  Examination of Fund. The Board shall have an audit and a thorough examination of the affairs of the fund made annually by a certified...

Part VIII. Miscellaneous.

• Illinois Pension Code. - 40 ILCS 5, Section 13-801
  Transfer of credits to General Assembly Retirement System. (a) Payments. Any active member of the General Assembly Retirement System may apply for a transfer...
• Illinois Pension Code. - 40 ILCS 5, Section 13-802
  Transfer of creditable service to Article 8 or 9 funds. (a) Any city officer as defined in Section 8-243.2 of this Code, and any...
• Illinois Pension Code. - 40 ILCS 5, Section 13-803
  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 13-804
  Accounting. An adequate system of accounts and records shall be established which will give effect to all requirements of this Article. Individual employee accounts...
• Illinois Pension Code. - 40 ILCS 5, Section 13-805
  Annuities and benefits exempt. All annuities and benefits granted under this Article shall be exempt from attachment or garnishment process and shall not be...
• Illinois Pension Code. - 40 ILCS 5, Section 13-806
  Fraud. Any person, member, trustee or employee of the Retirement Board who knowingly makes any false statement or falsifies or permits to be falsified...
• Illinois Pension Code. - 40 ILCS 5, Section 13-807
  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 13-808
  Retirement Systems Reciprocal Act. The "Retirement Systems Reciprocal Act", being Article 20 of this Code, as now enacted and hereafter amended, is hereby adopted...
• Illinois Pension Code. - 40 ILCS 5, Section 13-809
  Administrative review. The provisions of the Administrative Review Law, and all amendments and modifications thereof and the rules adopted pursuant thereto shall apply to and...
• Illinois Pension Code. - 40 ILCS 5, Section 13-810
  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