(40 ILCS 5/14-105.6)
(from Ch. 108 1/2, par. 14-105.6)
(a) Until July 1, 1990, any active or
inactive member of the pension fund established under Article 7 of
this Code who has been a county sheriff may apply for transfer of his
creditable service accumulated under this System to such Article 7 fund. Such
creditable service shall be transferred forthwith. Payment by this System
to the Article 7 fund shall be made at the same time and shall consist of:
(1) the amounts accumulated to the credit of the applicant for such
service, including regular interest, on the books of the System on the date
of transfer; and
(2) employer contributions in an amount equal to the amount of member
contributions as determined under item (1) above.
Participation in this System as to any credits transferred under this
Section shall terminate on the date of transfer.
(b) Any person transferring credit under this Section may reinstate
credits and creditable service terminated upon receipt of a refund, by
payment to the System, prior to July 1, 1990, of the amount of the refund
plus regular interest thereon to the date of payment. This is not a
limitation on the repayment provisions of Article 20.
(Source: P.A. 86-273.)