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91_SB1464
LRB9110676EGfg
1 AN ACT to amend the Illinois Pension Code by changing
2 Section 5-114.
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 Section 5-114 as follows:
7 (40 ILCS 5/5-114) (from Ch. 108 1/2, par. 5-114)
8 Sec. 5-114. Salary. "Salary":
9 (a) Annual salary, provided that $2,600 shall be the
10 maximum amount of salary to be considered for any purpose
11 under this Act prior to July 1, 1927.
12 (b) Annual salary, provided that $3,000 shall be the
13 maximum amount of salary to be considered for any purpose
14 under this Act from July 1, 1927 to July 1, 1931.
15 (c) Annual salary, provided that the annual salary shall
16 be considered for age and service annuity, minimum annuity
17 and disability benefits and $3,000 shall be the maximum
18 amount of salary to be considered for prior service annuity,
19 widow's annuity, widow's prior service annuity and child's
20 annuity from July 1, 1931 to July 1, 1933.
21 (d) Beginning July 1, 1933, annual salary of a policeman
22 appropriated for members of his rank or grade in the city's
23 annual budget or appropriation bill, subject to the
24 following:
25 (1) For age and service annuity, minimum annuity
26 and disability benefits, the amount of annual salary
27 without limitation.
28 (2) For prior service annuity, widow's annuity,
29 widow's prior service annuity and child's annuity from
30 July 1, 1933 to July 1, 1957, the amount of annual salary
31 up to a maximum of $3,000; beginning July 1, 1957, for
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1 such annuities, the amount of annual salary without
2 limitation.
3 (3) When the salary appropriated is for a definite
4 period of service of less than 12 months in any one year,
5 disability benefits shall be computed on a daily wage
6 basis computed by dividing the amount appropriated by
7 365.
8 (e) For a policeman assigned to a non-civil service
9 position as provided in Section 5-174 from and after January
10 1, 1970, (with the hereinafter stated excess not considered
11 as salary for any purpose of this Article for any of the
12 years prior to 1970 except to the extent provided by the
13 election in Section 5-174), annual salary means the total
14 salary derived from appropriations applicable to the civil
15 service rank plus the excess over such amount paid for
16 service in the non-civil service position. However, for a
17 policeman first assigned to a non-civil service position
18 after December 31, 2000, the annual salary for the purposes
19 of this Article shall not exceed the maximum annual civil
20 service salary for persons holding the rank of captain.
21 (f) Beginning January 1, 1998, the salary of a
22 policeman, as calculated under subsection (d), shall include
23 any duty availability allowance received by the policeman.
24 An active or former policeman who (1) either retired
25 between July 1, 1994 and December 31, 1997, both inclusive,
26 or attained or will attain age 50 and 20 years of service
27 between July 1, 1994 and January 1, 2002, both inclusive, and
28 (2) received a duty availability allowance at any time after
29 June 30, 1994 and before January 1, 1998 may elect to have
30 that duty availability allowance included in the calculation
31 of his or her salary under subsection (d) for all or any
32 portion of that period for which the allowance was received,
33 by applying in writing and paying to the Fund, no earlier
34 than January 1, 1998 and no later than July 1, 1998, the
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1 corresponding employee contribution, without interest.
2 Thereafter the City shall make its corresponding
3 contribution, without interest.
4 This subsection (f) applies without regard to whether the
5 applicant terminated service or began to receive a retirement
6 annuity before the effective date of this amendatory Act of
7 1997. In the case of a person who is receiving a retirement
8 annuity at the time the application and contribution are
9 received by the Fund, the annuity shall be recalculated and
10 the resulting increase shall become payable on the next
11 annuity payment date following the date the contribution is
12 received by the Fund.
13 (Source: P.A. 90-551, eff. 12-12-97.)
14 Section 99. Effective date. This Act takes effect upon
15 becoming law.