Public Act 101-0339

SB1582 EnrolledLRB101 07577 RPS 52622 b



 AN ACT concerning public employee benefits.


 Be it enacted by the People of the State of Illinois,

represented in the General Assembly:



 Section 5. The Illinois Pension Code is amended by changing 
Section 13-208 as follows:




 (40 ILCS 5/13-208) (from Ch. 108 1/2, par. 13-208)



 Sec. 13-208. "Average final salary": The highest average 
monthly annual salary
as calculated by accumulating the salary 
for the highest 520 52
consecutive paid days of service pay 
periods within the last 10 years of service immediately

preceding the date of retirement and dividing by 24 2. If the 
employee is paid for any portion of a work day, the fraction of 
the day worked and the salary for that fraction of the day 
shall be counted in accordance with the Fund's administrative 
rules. 

(Source: P.A. 90-12, eff. 6-13-97.)



 Section 99. Effective date. This Act takes effect upon 
becoming law.