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TITLE 80: PUBLIC OFFICIALS AND EMPLOYEES
SUBTITLE D: RETIREMENT SYSTEMS CHAPTER II: STATE UNIVERSITIES RETIREMENT SYSTEM PART 1600 UNIVERSITIES RETIREMENT SECTION 1600.600 DEFINITIONS
Section 1600.600 Definitions
a) The definitions in Section 1-119(a) of the Illinois Pension Code (the Act) [40 ILCS 5/1-119(a)] shall apply to the rules contained in this Subpart.
b) The phrase "alternate payee" in Section 1-119(a)(1) of the Act means a current spouse, former spouse, child, or other dependent of a SURS member, as designated in a QILDRO.
c) The phrase "death benefit" in Section 1-119(a)(2) of the Act means a benefit paid pursuant to Section 15-141 or 15-142 of the Act [40 ILCS 5/15-141, 15-142].
d) The phrase "member's refund" in Section 1-119(a)(5) of the Act does not include an "error refund" as defined in subsection (e) of this Section.
e) The phrase "error refund" as used in this Subpart means a refund paid to a member as the result of an error in a payment to the System.
f) The phrase "disability benefit" in Section 1-119(a)(3) of the Act includes:
1) A disability benefit under Section 15-150 of the Act [40 ILCS 5/15-150]; or
2) A disability retirement annuity under Section 15-153.2 of the Act [40 ILCS 5/15-153.2].
g) The phrase "member's retirement benefit" as used in this Subpart means the total amount of the retirement benefit as defined in Section 1-119(a)(8) of the Act [40 ILCS 5/1-119(a)(8)] that would be payable to the member in the absence of a QILDRO.
h) The phrase "partial member's refund" as used in this Subpart includes:
1) A refund of survivor benefit contributions;
2) A refund of excess contributions or interest; or
3) A refund of waived service credit.
(Source: Added at 25 Ill. Reg. 10206, effective July 30, 2001; recodified from Section 1600.150 to Section 1600.600 at 31 Ill. Reg. 10194) |