(40 ILCS 5/15-134.1) (from Ch. 108 1/2, par. 15-134.1)
Sec. 15-134.1.
Service calculation and adjustment.
(a) In computing
service, the following schedule shall govern: one month of service means
a calendar month during which a participant (i) qualifies as an employee
under Section 15-107 for at least 15 or more days, and (ii) receives any
earnings as an employee; 8 or more
months of service during an academic year shall constitute a year of service;
6 or more but less than 8 months of service during an academic year
shall constitute 3/4 of a year of service; 3 or more but less than 6 months
of service during an academic year shall constitute 1/2 of a
year of service; and one or more but less than 3 months of service during
an academic year shall constitute 1/4 of a year of service. No more than
one year of service may be granted per academic year, regardless of the
number of hours or percentage of time worked.
(b) In calculating a retirement annuity, if a participant has been employed
at 1/2 time or less for 3 or more years after September 1, 1959, service
shall be granted for such employment in excess of 3 years, in the proportion
that the percentage of time employed for each such year of employment
bears to the average annual percentage of time employed during
the period on which the final rate of earnings is based. This adjustment
shall not be made, however, in determining the eligibility for a retirement
annuity, disability benefits, additional death benefits, or survivors'
insurance. The percentage of time employed shall be as reported by the
employer.
(Source: P.A. 87-8.)
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