Bill Text: IL SB0681 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Amends the State Employees Article of the Illinois Pension Code. Makes a technical change in a Section concerning federal or out-of-state employment.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-01-24 - Referred to Assignments [SB0681 Detail]
Download: Illinois-2025-SB0681-Introduced.html
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1 | AN ACT concerning public employee benefits.
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2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by | |||||||||||||||||||
5 | changing Section 14-104.10 as follows:
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6 | (40 ILCS 5/14-104.10) | |||||||||||||||||||
7 | Sec. 14-104.10. Federal or out-of-state employment. A | |||||||||||||||||||
8 | contributing employee may establish additional service credit | |||||||||||||||||||
9 | for periods of full-time employment by the the federal | |||||||||||||||||||
10 | government or a unit of state or local government located | |||||||||||||||||||
11 | outside Illinois for which he or she does not qualify for | |||||||||||||||||||
12 | credit under any other provision of this Article, provided | |||||||||||||||||||
13 | that (i) the amount of service credit established by a person | |||||||||||||||||||
14 | under this Section shall not exceed 8 years or 40% of his or | |||||||||||||||||||
15 | her membership service under this Article, whichever is less, | |||||||||||||||||||
16 | (ii) the amount of service credit established by a person | |||||||||||||||||||
17 | under this Section for federal employment, when added to the | |||||||||||||||||||
18 | amount of all military service credit granted to the person | |||||||||||||||||||
19 | under this Article, shall not exceed 8 years, and (iii) any | |||||||||||||||||||
20 | credit received for the federal or out-of-state employment in | |||||||||||||||||||
21 | any federal or other public employee pension fund or | |||||||||||||||||||
22 | retirement system has been terminated or relinquished. Credit | |||||||||||||||||||
23 | may not be established under this Section for any period of |
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1 | military service or for any period for which credit has been or | ||||||
2 | may be established under Section 14-110 or any other provision | ||||||
3 | of this Article. | ||||||
4 | In order to establish service credit under this Section, | ||||||
5 | the applicant must submit a written application to the System | ||||||
6 | by June 30, 1999, including documentation of the federal or | ||||||
7 | out-of-state employment satisfactory to the Board, and pay to | ||||||
8 | the System (1) employee contributions at the rates provided in | ||||||
9 | this Article based upon the person's salary on the last day as | ||||||
10 | a participating employee prior to the federal or out-of-state | ||||||
11 | employment, or on the first day as a participating employee | ||||||
12 | after that employment, whichever is greater, plus (2) an | ||||||
13 | amount determined by the Board to be equal to the employer's | ||||||
14 | normal cost of the benefits accrued for that employment, plus | ||||||
15 | (3) regular interest on items (1) and (2) from the date of | ||||||
16 | conclusion of the employment to the date of payment. | ||||||
17 | (Source: P.A. 90-32, eff. 6-27-97; 90-655, eff. 7-30-98; | ||||||
18 | 90-766, eff. 8-14-98.) |