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91_HB1082 LRB9102040EGfg 1 AN ACT to amend the Illinois Pension Code by changing 2 Sections 3-110.6, 5-236, 7-139.8, 9-121.10, and 14-110. 3 Be it enacted by the People of the State of Illinois, 4 represented in the General Assembly: 5 Section 5. The Illinois Pension Code is amended by 6 changing Sections 3-110.6, 5-236, 7-139.8, 9-121.10, and 7 14-110 as follows: 8 (40 ILCS 5/3-110.6) (from Ch. 108 1/2, par. 3-110.6) 9 Sec. 3-110.6. Transfer to Article 14 System. 10 (a) Any active member of the State Employees' Retirement 11 System who is an investigator for the Office of the State's 12 Attorneys Appellate Prosecutor, an investigator for the 13 Office of the Attorney General, or a controlled substance 14 inspector may apply for transfer of some or all of his or her 15 creditable service accumulated in any police pension fund 16 under this Article to the State Employees' Retirement System 17 in accordance with Section 14-110. The creditable service 18 shall be transferred only upon payment by the police pension 19 fund to the State Employees' Retirement System of an amount 20 equal to: 21 (1) the amounts accumulated to the credit of the 22 applicant for the service to be transferred on the books 23 of the fund on the date of transfer; and 24 (2) employer contributions in an amount equal to 25 the amount determined under subparagraph (1); and 26 (3) any interest paid by the applicant in order to 27 reinstate that service. 28 Participation in the police pension fund with respect to the 29 credits transferred shall terminate on the date of transfer. 30 (b) Any such investigator or inspector may reinstate 31 service which was terminated by receipt of a refund, by -2- LRB9102040EGfg 1 paying to the police pension fund the amount of the refund 2 with interest thereon at the rate of 6% per year, compounded 3 annually, from the date of refund to the date of payment. 4 (Source: P.A. 90-32, eff. 6-27-97.) 5 (40 ILCS 5/5-236) (from Ch. 108 1/2, par. 5-236) 6 Sec. 5-236. Transfer to Article 14. 7 (a) Until January 31, 1994, any active member of the 8 State Employees' Retirement System who is a State policeman 9 or investigator for the Secretary of State may apply for 10 transfer of his creditable service accumulated under this 11 Article to the State Employees' Retirement System. At the 12 time of the transfer the Fund shall pay to the State 13 Employees' Retirement System an amount equal to: 14 (1) the amounts accumulated to the credit of the 15 applicant on the books of the Fund on the date of 16 transfer; and 17 (2) the corresponding municipality credits, 18 including interest, on the books of the Fund on the date 19 of transfer; and 20 (3) any interest paid by the applicant in order to 21 reinstate service. 22 Participation in this Fund shall terminate on the date of 23 transfer. 24 (b) Until January 31, 1994, any such State policeman or 25 investigator for the Secretary of State may reinstate service 26 that was terminated by receipt of a refund, by paying to the 27 Fund the amount of the refund with interest thereon at the 28 rate of 6% per year, compounded annually, from the date of 29 refund to the date of payment. 30 (c) Within 30 days after the effective date of this 31 amendatory Act of 1993, any active member of the State 32 Employees' Retirement System who was earning eligible 33 creditable service under subdivision (b)(12) of Section -3- LRB9102040EGfg 1 14-110 on January 1, 1992 and who has at least 17 years of 2 creditable service under this Article may apply for transfer 3 of his creditable service accumulated under this Article to 4 the State Employees' Retirement System. At the time of the 5 transfer the Fund shall pay to the State Employees' 6 Retirement System an amount equal to: 7 (1) the amounts accumulated to the credit of the 8 applicant on the books of the Fund on the date of 9 transfer; and 10 (2) the corresponding municipality credits, 11 including interest, on the books of the Fund on the date 12 of transfer. 13 Participation in this Fund shall terminate on the date of 14 transfer. 15 (d) Any active member of the State Employees' Retirement 16 System who is an investigator for the Office of the Attorney 17 General may apply for transfer of all or part of his or her 18 creditable service accumulated under this Article to the 19 State Employees' Retirement System in accordance with Section 20 14-110. At the time of the transfer the Fund shall pay to 21 the State Employees' Retirement System an amount equal to: 22 (1) the amounts accumulated to the credit of the 23 applicant for the service to be transferred on the books 24 of the Fund on the date of transfer; and 25 (2) the corresponding municipality credits, 26 including interest, on the books of the Fund on the date 27 of transfer; and 28 (3) any interest paid by the applicant in order to 29 reinstate that service credit. 30 Participation in this Fund with respect to the credits 31 transferred shall terminate on the date of transfer. 32 (e) Any such investigator for the Office of the Attorney 33 General may reinstate service that was terminated by receipt 34 of a refund, by paying to the Fund the amount of the refund -4- LRB9102040EGfg 1 plus interest at the rate of 6% per year, compounded 2 annually, from the date of the refund to the date of payment. 3 4 (Source: P.A. 86-1488; 87-1265.) 5 (40 ILCS 5/7-139.8) (from Ch. 108 1/2, par. 7-139.8) 6 Sec. 7-139.8. Transfer to Article 14 System. 7 (a) Any active member of the State Employees' Retirement 8 System who is an investigator for the Office of the State's 9 Attorneys Appellate Prosecutor, an investigator for the 10 Office of the Attorney General, or a controlled substance 11 inspector may apply for transfer of some or all of his or her 12 credits and creditable service accumulated in this Fund for 13 service as a sheriff's law enforcement employee or service as 14 a municipal conservator of the peace certified under the 15 Police Training Act, to the State Employees' Retirement 16 System in accordance with Section 14-110. The creditable 17 service shall be transferred only upon payment by this Fund 18 to the State Employees' Retirement System of an amount equal 19 to: 20 (1) the amounts accumulated to the credit of the 21 applicant for the service to be transferredas a22sheriff's law enforcement employee, including interest; 23 and 24 (2) municipality credits based on such service, 25 including interest; and 26 (3) any interest paid by the applicant to reinstate 27 such service. 28 Participation in this Fund as to any credits transferred 29 under this Section shall terminate on the date of transfer. 30 (b) Any such investigator or inspector may reinstate 31 credits and creditable service terminated upon receipt of a 32 separation benefit, by paying to the Fund the amount of the 33 separation benefit plus interest thereon at the rate of 6% -5- LRB9102040EGfg 1 per year to the date of payment. 2 (Source: P.A. 90-32, eff. 6-27-97.) 3 (40 ILCS 5/9-121.10) (from Ch. 108 1/2, par. 9-121.10) 4 Sec. 9-121.10. Transfer to Article 14. 5 (a) Until July 1, 1993, any active member of the State 6 Employees' Retirement System who is a State policeman may 7 apply for transfer of some or all of his creditable service 8 as a member of the County Police Department accumulated under 9 this Article to the State Employees' Retirement System. At 10 the time of the transfer the Fund shall pay to the State 11 Employees' Retirement System an amount equal to: 12 (1) the amounts accumulated to the credit of the 13 applicant on the books of the Fund on the date of 14 transfer for the service to be transferred; and 15 (2) the corresponding municipality credits, 16 including interest, on the books of the Fund on the date 17 of transfer; and 18 (3) any interest paid by the applicant in order to 19 reinstate such service. 20 Participation in this Fund with respect to the credits 21 transferred shall terminate on the date of transfer. 22 (b) Until July 1, 1993, any such State policeman may 23 reinstate credit for service as a member of the County Police 24 Department that was terminated by receipt of a refund, by 25 paying to the Fund the amount of the refund with interest 26 thereon at the rate of 6% per year, compounded annually, from 27 the date of refund to the date of payment. 28 (c) Any active member of the State Employees' Retirement 29 System who is an investigator for the Office of the Attorney 30 General may apply for transfer of some or all of his or her 31 creditable service as a member of the County Police 32 Department accumulated under this Article to the State 33 Employees' Retirement System in accordance with Section -6- LRB9102040EGfg 1 14-110. At the time of the transfer the Fund shall pay to 2 the State Employees' Retirement System an amount equal to: 3 (1) the amounts accumulated to the credit of the 4 applicant for the service to be transferred on the books 5 of the Fund on the date of transfer; and 6 (2) the corresponding municipality credits, 7 including interest, on the books of the Fund on the date 8 of transfer; and 9 (3) any interest paid by the applicant in order to 10 reinstate such service. 11 Participation in this Fund with respect to the credits 12 transferred shall terminate on the date of transfer. 13 (d) Any such investigator for the Office of the Attorney 14 General may may reinstate credit for service as a member of 15 the County Police Department that was terminated by receipt 16 of a refund, by paying to the Fund the amount of the refund 17 plus interest at the rate of 6% per year, compounded 18 annually, from the date of the refund to the date of payment. 19 20 (Source: P.A. 87-1265.) 21 (40 ILCS 5/14-110) (from Ch. 108 1/2, par. 14-110) 22 Sec. 14-110. Alternative retirement annuity. 23 (a) Any member who has withdrawn from service with not 24 less than 20 years of eligible creditable service and has 25 attained age 55, and any member who has withdrawn from 26 service with not less than 25 years of eligible creditable 27 service and has attained age 50, regardless of whether the 28 attainment of either of the specified ages occurs while the 29 member is still in service, shall be entitled to receive at 30 the option of the member, in lieu of the regular or minimum 31 retirement annuity, a retirement annuity computed as 32 follows: 33 (i) for periods of service as a noncovered -7- LRB9102040EGfg 1 employee, 2 1/4% of final average compensation for each 2 of the first 10 years of creditable service, 2 1/2% for 3 each year above 10 years to and including 20 years of 4 creditable service, and 2 3/4% for each year of 5 creditable service above 20 years; and 6 (ii) for periods of eligible creditable service as 7 a covered employee, 1.67% of final average compensation 8 for each of the first 10 years of such service, 1.90% for 9 each of the next 10 years of such service, 2.10% for each 10 year of such service in excess of 20 but not exceeding 11 30, and 2.30% for each year in excess of 30. 12 Such annuity shall be subject to a maximum of 75% of 13 final average compensation. These rates shall not be 14 applicable to any service performed by a member as a covered 15 employee which is not eligible creditable service. Service 16 as a covered employee which is not eligible creditable 17 service shall be subject to the rates and provisions of 18 Section 14-108. 19 (b) For the purpose of this Section, "eligible 20 creditable service" means creditable service resulting from 21 service in one or more of the following positions: 22 (1) State policeman; 23 (2) fire fighter in the fire protection service of 24 a department; 25 (3) air pilot; 26 (4) special agent; 27 (5) investigator for the Secretary of State; 28 (6) conservation police officer; 29 (7) investigator for the Department of Revenue; 30 (8) security employee of the Department of Human 31 Services; 32 (9) Central Management Services security police 33 officer; 34 (10) security employee of the Department of -8- LRB9102040EGfg 1 Corrections; 2 (11) dangerous drugs investigator; 3 (12) investigator for the Department of State 4 Police; 5 (13) investigator for the Office of the Attorney 6 General; 7 (14) controlled substance inspector; 8 (15) investigator for the Office of the State's 9 Attorneys Appellate Prosecutor; 10 (16) Commerce Commission police officer; 11 (17) arson investigator. 12 A person employed in one of the positions specified in 13 this subsection is entitled to eligible creditable service 14 for service credit earned under this Article while undergoing 15 the basic police training course approved by the Illinois 16Local GovernmentalLaw EnforcementOfficersTraining 17 Standards Board, if completion of that training is required 18 of persons serving in that position. For the purposes of 19 this Code, service during the required basic police training 20 course shall be deemed performance of the duties of the 21 specified position, even though the person is not a sworn 22 peace officer at the time of the training. 23 (c) For the purposes of this Section: 24 (1) The term "state policeman" includes any title 25 or position in the Department of State Police that is 26 held by an individual employed under the State Police 27 Act. 28 (2) The term "fire fighter in the fire protection 29 service of a department" includes all officers in such 30 fire protection service including fire chiefs and 31 assistant fire chiefs. 32 (3) The term "air pilot" includes any employee 33 whose official job description on file in the Department 34 of Central Management Services, or in the department by -9- LRB9102040EGfg 1 which he is employed if that department is not covered by 2 the Personnel Code, states that his principal duty is the 3 operation of aircraft, and who possesses a pilot's 4 license; however, the change in this definition made by 5 this amendatory Act of 1983 shall not operate to exclude 6 any noncovered employee who was an "air pilot" for the 7 purposes of this Section on January 1, 1984. 8 (4) The term "special agent" means any person who 9 by reason of employment by the Division of Narcotic 10 Control, the Bureau of Investigation or, after July 1, 11 1977, the Division of Criminal Investigation, the 12 Division of Internal Investigation or any other Division 13 or organizational entity in the Department of State 14 Police is vested by law with duties to maintain public 15 order, investigate violations of the criminal law of this 16 State, enforce the laws of this State, make arrests and 17 recover property. The term "special agent" includes any 18 title or position in the Department of State Police that 19 is held by an individual employed under the State Police 20 Act. 21 (5) The term "investigator for the Secretary of 22 State" means any person employed by the Office of the 23 Secretary of State and vested with such investigative 24 duties as render him ineligible for coverage under the 25 Social Security Act by reason of Sections 218(d)(5)(A), 26 218(d)(8)(D) and 218(l)(1) of that Act. 27 A person who became employed as an investigator for 28 the Secretary of State between January 1, 1967 and 29 December 31, 1975, and who has served as such until 30 attainment of age 60, either continuously or with a 31 single break in service of not more than 3 years 32 duration, which break terminated before January 1, 1976, 33 shall be entitled to have his retirement annuity 34 calculated in accordance with subsection (a), -10- LRB9102040EGfg 1 notwithstanding that he has less than 20 years of credit 2 for such service. 3 (6) The term "Conservation Police Officer" means 4 any person employed by the Division of Law Enforcement of 5 the Department of Natural Resources and vested with such 6 law enforcement duties as render him ineligible for 7 coverage under the Social Security Act by reason of 8 Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of 9 that Act. The term "Conservation Police Officer" 10 includes the positions of Chief Conservation Police 11 Administrator and Assistant Conservation Police 12 Administrator. 13 (7) The term "investigator for the Department of 14 Revenue" means any person employed by the Department of 15 Revenue and vested with such investigative duties as 16 render him ineligible for coverage under the Social 17 Security Act by reason of Sections 218(d)(5)(A), 18 218(d)(8)(D) and 218(l)(1) of that Act. 19 (8) The term "security employee of the Department 20 of Human Services" means any person employed by the 21 Department of Human Services who is employed at the 22 Chester Mental Health Center and has daily contact with 23 the residents thereof, or who is a mental health police 24 officer. "Mental health police officer" means any person 25 employed by the Department of Human Services in a 26 position pertaining to the Department's mental health and 27 developmental disabilities functions who is vested with 28 such law enforcement duties as render the person 29 ineligible for coverage under the Social Security Act by 30 reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 31 218(l)(1) of that Act. 32 (9) "Central Management Services security police 33 officer" means any person employed by the Department of 34 Central Management Services who is vested with such law -11- LRB9102040EGfg 1 enforcement duties as render him ineligible for coverage 2 under the Social Security Act by reason of Sections 3 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act. 4 (10) The term "security employee of the Department 5 of Corrections" means any employee of the Department of 6 Corrections or the former Department of Personnel, and 7 any member or employee of the Prisoner Review Board, who 8 has daily contact with inmates by working within a 9 correctional facility or who is a parole officer or an 10 employee who has direct contact with committed persons in 11 the performance of his or her job duties. 12 (11) The term "dangerous drugs investigator" means 13 any person who is employed as such by the Department of 14 Human Services. 15 (12) The term "investigator for the Department of 16 State Police" means a person employed by the Department 17 of State Police who is vested under Section 4 of the 18 Narcotic Control Division Abolition Act with such law 19 enforcement powers as render him ineligible for coverage 20 under the Social Security Act by reason of Sections 21 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act. 22 (13) "Investigator for the Office of the Attorney 23 General" means any person who is employed as such by the 24 Office of the Attorney General and is vested with such 25 investigative duties as render him ineligible for 26 coverage under the Social Security Act by reason of 27 Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that 28 Act. For the period before January 1, 1989, the term 29 includes all persons who were employed as investigators 30 by the Office of the Attorney General, without regard to 31 social security status. 32 (14) "Controlled substance inspector" means any 33 person who is employed as such by the Department of 34 Professional Regulation and is vested with such law -12- LRB9102040EGfg 1 enforcement duties as render him ineligible for coverage 2 under the Social Security Act by reason of Sections 3 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act. 4 The term "controlled substance inspector" includes the 5 Program Executive of Enforcement and the Assistant 6 Program Executive of Enforcement. 7 (15) The term "investigator for the Office of the 8 State's Attorneys Appellate Prosecutor" means a person 9 employed in that capacity on a full time basis under the 10 authority of Section 7.06 of the State's Attorneys 11 Appellate Prosecutor's Act. 12 (16) "Commerce Commission police officer" means any 13 person employed by the Illinois Commerce Commission who 14 is vested with such law enforcement duties as render him 15 ineligible for coverage under the Social Security Act by 16 reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 17 218(l)(1) of that Act. 18 (17) "Arson investigator" means any person who is 19 employed as such by the Office of the State Fire Marshal 20 and is vested with such law enforcement duties as render 21 the person ineligible for coverage under the Social 22 Security Act by reason of Sections 218(d)(5)(A), 23 218(d)(8)(D), and 218(l)(1) of that Act. A person who 24 was employed as an arson investigator on January 1, 1995 25 and is no longer in service but not yet receiving a 26 retirement annuity may convert his or her creditable 27 service for employment as an arson investigator into 28 eligible creditable service by paying to the System the 29 difference between the employee contributions actually 30 paid for that service and the amounts that would have 31 been contributed if the applicant were contributing at 32 the rate applicable to persons with the same social 33 security status earning eligible creditable service on 34 the date of application. -13- LRB9102040EGfg 1 (d) A security employee of the Department of 2 Corrections, and a security employee of the Department of 3 Human Services who is not a mental health police officer, 4 shall not be eligible for the alternative retirement annuity 5 provided by this Section unless he or she meets the following 6 minimum age and service requirements at the time of 7 retirement: 8 (i) 25 years of eligible creditable service and age 9 55; or 10 (ii) beginning January 1, 1987, 25 years of 11 eligible creditable service and age 54, or 24 years of 12 eligible creditable service and age 55; or 13 (iii) beginning January 1, 1988, 25 years of 14 eligible creditable service and age 53, or 23 years of 15 eligible creditable service and age 55; or 16 (iv) beginning January 1, 1989, 25 years of 17 eligible creditable service and age 52, or 22 years of 18 eligible creditable service and age 55; or 19 (v) beginning January 1, 1990, 25 years of eligible 20 creditable service and age 51, or 21 years of eligible 21 creditable service and age 55; or 22 (vi) beginning January 1, 1991, 25 years of 23 eligible creditable service and age 50, or 20 years of 24 eligible creditable service and age 55. 25 Persons who have service credit under Article 16 of this 26 Code for service as a security employee of the Department of 27 Corrections in a position requiring certification as a 28 teacher may count such service toward establishing their 29 eligibility under the service requirements of this Section; 30 but such service may be used only for establishing such 31 eligibility, and not for the purpose of increasing or 32 calculating any benefit. 33 (e) If a member enters military service while working in 34 a position in which eligible creditable service may be -14- LRB9102040EGfg 1 earned, and returns to State service in the same or another 2 such position, and fulfills in all other respects the 3 conditions prescribed in this Article for credit for military 4 service, such military service shall be credited as eligible 5 creditable service for the purposes of the retirement annuity 6 prescribed in this Section. 7 (f) For purposes of calculating retirement annuities 8 under this Section, periods of service rendered after 9 December 31, 1968 and before October 1, 1975 as a covered 10 employee in the position of special agent, conservation 11 police officer, mental health police officer, or investigator 12 for the Secretary of State, shall be deemed to have been 13 service as a noncovered employee, provided that the employee 14 pays to the System prior to retirement an amount equal to (1) 15 the difference between the employee contributions that would 16 have been required for such service as a noncovered employee, 17 and the amount of employee contributions actually paid, plus 18 (2) if payment is made after July 31, 1987, regular interest 19 on the amount specified in item (1) from the date of service 20 to the date of payment. 21 For purposes of calculating retirement annuities under 22 this Section, periods of service rendered after December 31, 23 1968 and before January 1, 1982 as a covered employee in the 24 position of investigator for the Department of Revenue shall 25 be deemed to have been service as a noncovered employee, 26 provided that the employee pays to the System prior to 27 retirement an amount equal to (1) the difference between the 28 employee contributions that would have been required for such 29 service as a noncovered employee, and the amount of employee 30 contributions actually paid, plus (2) if payment is made 31 after January 1, 1990, regular interest on the amount 32 specified in item (1) from the date of service to the date of 33 payment. 34 (g) A State policeman may elect, not later than January -15- LRB9102040EGfg 1 1, 1990, to establish eligible creditable service for up to 2 10 years of his service as a policeman under Article 3, by 3 filing a written election with the Board, accompanied by 4 payment of an amount to be determined by the Board, equal to 5 (i) the difference between the amount of employee and 6 employer contributions transferred to the System under 7 Section 3-110.5, and the amounts that would have been 8 contributed had such contributions been made at the rates 9 applicable to State policemen, plus (ii) interest thereon at 10 the effective rate for each year, compounded annually, from 11 the date of service to the date of payment. 12 Subject to the limitation in subsection (i), a State 13 policeman may elect, not later than July 1, 1993, to 14 establish eligible creditable service for up to 10 years of 15 his service as a member of the County Police Department under 16 Article 9, by filing a written election with the Board, 17 accompanied by payment of an amount to be determined by the 18 Board, equal to (i) the difference between the amount of 19 employee and employer contributions transferred to the System 20 under Section 9-121.10 and the amounts that would have been 21 contributed had those contributions been made at the rates 22 applicable to State policemen, plus (ii) interest thereon at 23 the effective rate for each year, compounded annually, from 24 the date of service to the date of payment. 25 (h) Subject to the limitation in subsection (i), a State 26 policeman or investigator for the Secretary of State may 27 elect to establish eligible creditable service for up to 12 28 years of his service as a policeman under Article 5, by 29 filing a written election with the Board on or before January 30 31, 1992, and paying to the System by January 31, 1994 an 31 amount to be determined by the Board, equal to (i) the 32 difference between the amount of employee and employer 33 contributions transferred to the System under Section 5-236, 34 and the amounts that would have been contributed had such -16- LRB9102040EGfg 1 contributions been made at the rates applicable to State 2 policemen, plus (ii) interest thereon at the effective rate 3 for each year, compounded annually, from the date of service 4 to the date of payment. 5 Subject to the limitation in subsection (i), a State 6 policeman, conservation police officer, or investigator for 7 the Secretary of State may elect to establish eligible 8 creditable service for up to 10 years of service as a 9 sheriff's law enforcement employee under Article 7, by filing 10 a written election with the Board on or before January 31, 11 1993, and paying to the System by January 31, 1994 an amount 12 to be determined by the Board, equal to (i) the difference 13 between the amount of employee and employer contributions 14 transferred to the System under Section 7-139.7, and the 15 amounts that would have been contributed had such 16 contributions been made at the rates applicable to State 17 policemen, plus (ii) interest thereon at the effective rate 18 for each year, compounded annually, from the date of service 19 to the date of payment. 20 (i) The total amount of eligible creditable service 21 established by any person under subsections (g), (h), (j), 22 (k),and(l), and (m) of this Section shall not exceed 12 23 years. 24 (j) Subject to the limitation in subsection (i), an 25 investigator for the Office of the State's Attorneys 26 Appellate Prosecutor or a controlled substance inspector may 27 elect to establish eligible creditable service for up to 10 28 years of his service as a policeman under Article 3 or a 29 sheriff's law enforcement employee under Article 7, by filing 30 a written election with the Board, accompanied by payment of 31 an amount to be determined by the Board, equal to (1) the 32 difference between the amount of employee and employer 33 contributions transferred to the System under Section 3-110.6 34 or 7-139.8, and the amounts that would have been contributed -17- LRB9102040EGfg 1 had such contributions been made at the rates applicable to 2 State policemen, plus (2) interest thereon at the effective 3 rate for each year, compounded annually, from the date of 4 service to the date of payment. 5 (k) Subject to the limitation in subsection (i) of this 6 Section, an alternative formula employee may elect to 7 establish eligible creditable service for periods spent as a 8 full-time law enforcement officer or full-time corrections 9 officer employed by the federal government or by a state or 10 local government located outside of Illinois, for which 11 credit is not held in any other public employee pension fund 12 or retirement system. To obtain this credit, the applicant 13 must file a written application with the Board by March 31, 14 1998, accompanied by evidence of eligibility acceptable to 15 the Board and payment of an amount to be determined by the 16 Board, equal to (1) employee contributions for the credit 17 being established, based upon the applicant's salary on the 18 first day as an alternative formula employee after the 19 employment for which credit is being established and the 20 rates then applicable to alternative formula employees, plus 21 (2) an amount determined by the Board to be the employer's 22 normal cost of the benefits accrued for the credit being 23 established, plus (3) regular interest on the amounts in 24 items (1) and (2) from the first day as an alternative 25 formula employee after the employment for which credit is 26 being established to the date of payment. 27 (l) Subject to the limitation in subsection (i), a 28 security employee of the Department of Corrections may elect, 29 not later than July 1, 1998, to establish eligible creditable 30 service for up to 10 years of his or her service as a 31 policeman under Article 3, by filing a written election with 32 the Board, accompanied by payment of an amount to be 33 determined by the Board, equal to (i) the difference between 34 the amount of employee and employer contributions transferred -18- LRB9102040EGfg 1 to the System under Section 3-110.5, and the amounts that 2 would have been contributed had such contributions been made 3 at the rates applicable to security employees of the 4 Department of Corrections, plus (ii) interest thereon at the 5 effective rate for each year, compounded annually, from the 6 date of service to the date of payment. 7 (m) Subject to the limitation in subsection (i), an 8 investigator for the Office of the Attorney General may elect 9 to establish eligible creditable service for up to 12 years 10 of service as a policeman under Article 3 or 5, as a 11 sheriff's law enforcement employee or municipal conservator 12 of the peace under Article 7, or as a member of the County 13 Police Department under Article 9, by filing a written 14 election with the Board, accompanied by payment of an amount 15 to be determined by the Board, equal to (1) the difference 16 between the amount of employee and employer contributions 17 transferred to the System under Section 3-110.6, 5-236, 18 7-139.8, or 9-121.10 and the amounts that would have been 19 contributed had those contributions been made at the rates 20 applicable to State policemen, plus (2) interest thereon at 21 the effective rate for each year, compounded annually, from 22 the date of service to the date of payment. 23 (Source: P.A. 89-136, eff. 7-14-95; 89-445, eff. 2-7-96; 24 89-507, eff. 7-1-97; 90-32, eff. 6-27-97; revised 7-10-98.) 25 Section 99. Effective date. This Act takes effect upon 26 becoming law.