(40 ILCS 5/15-134.4) (from Ch. 108 1/2, par. 15-134.4)
    Sec. 15-134.4. Transfer of creditable service to the Article 5 Pension Fund or Article 14 System.
    (a) An active member of the Pension Fund established under Article 5 of this Code may apply, not later than January 1, 1990, to transfer his or her credits and creditable service accumulated under this System for service with the City Colleges of Chicago teaching in the Criminal Justice Program, to the Article 5 Fund. Such credits and creditable service shall be transferred forthwith.
    Payment by this System to the Article 5 Fund shall be made at the same time and shall consist of:
        (1) the amounts credited to the applicant for such
    
service through employee contributions, including interest, as of the date of transfer; and
        (2) employer contributions equal in amount to the
    
accumulated employee contributions as determined in item (1).
Participation in this System with respect to such credits shall terminate on the date of transfer.
    (b) Any active member of the State Employees' Retirement System who is a State policeman, an investigator for the Secretary of State, or a conservation police officer may apply for transfer of some or all of his or her creditable service accumulated in this System for service as a police officer to the State Employees' Retirement System in accordance with Section 14-110. The creditable service shall be transferred only upon payment by this System to the State Employees' Retirement System of an amount equal to:
        (1) the amounts accumulated to the credit of the
    
applicant for the service to be transferred, including interest, as of the date of transfer; and
        (2) employer contributions equal in amount to the
    
accumulated employee contributions as determined in item (1); and
        (3) any interest paid by the applicant to reinstate
    
such service.
Participation in this System as to any credits transferred under this Section shall terminate on the date of transfer.
    (c) Any person applying to transfer service under subsection (b) may reinstate credits and creditable service terminated upon receipt of a refund by paying to the System the amount of the refund plus interest thereon at the rate of 6% per year from the date of the refund to the date of payment.
(Source: P.A. 95-530, eff. 8-28-07.)