Illinois General Assembly - Full Text of SB0434
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Full Text of SB0434  99th General Assembly



State of Illinois
2015 and 2016


Introduced 1/28/2015, by Sen. John J. Cullerton


40 ILCS 5/14-126  from Ch. 108 1/2, par. 14-126

    Amends the State Employee Article of the Illinois Pension Code. Makes a technical change in a Section concerning a retirement annuity following nonoccupational disability benefits.

LRB099 03102 RPS 23110 b






SB0434LRB099 03102 RPS 23110 b

1    AN ACT concerning public employee benefits.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Pension Code is amended by changing
5Section 14-126 as follows:
6    (40 ILCS 5/14-126)  (from Ch. 108 1/2, par. 14-126)
7    Sec. 14-126. Nonoccupational disability benefit-Rights on
8expiration-Retirement annuity option on re-entry. Any member
9having 15 or more years of creditable service, and and having
10attained at least age 55, or having 20 or more years of
11creditable service and having attained at least age 50, who,
12after receiving nonoccupational disability benefit for the
13maximum period of time specified herein is still disabled for
14service, shall be entitled to receive a retirement annuity
15beginning the first of the month following application, without
16regard to whether the member has attained age 60.
17    If a member having 15 but less than 20 years of creditable
18service is under age 55 when nonoccupational disability
19benefits terminate, and the member has been continuously
20disabled for service, the member is entitled upon application
21to the retirement annuity upon the first of the month after
22attainment of age 55.
23    If a member having 20 or more years of creditable service



SB0434- 2 -LRB099 03102 RPS 23110 b

1is under age 50 when nonoccupational disability benefits
2terminate, and the member has been continuously disabled for
3service, the member is entitled upon application to the
4retirement annuity beginning upon the first of the month after
5attainment of age 50.
6    As an option to the computation of a retirement annuity in
7the manner provided in this Article, if a person who retires on
8a retirement annuity prior to age 60 under the provisions of
9this Section re-enters State employment, that person may refund
10to the system the amount theretofore received as a retirement
11annuity and upon subsequently retiring from State service shall
12be entitled to a retirement annuity computed as though that
13member had not previously received such annuity.
14(Source: P.A. 80-841.)