(40 ILCS 5/8-180.2) (from Ch. 108 1/2, par. 8-180.2)
Sec. 8-180.2.
Any person who has at least 8 years of service credit
in the Fund may establish service credit in the Fund for any period during
which he served as Executive Director of the Chicago Land Clearance Commission,
Executive Director of the Chicago Dwellings Association, or Administrator
of the Illinois-Indiana Bi-State Commission, and was otherwise ineligible
to participate in the Fund, by paying to the Fund before April 1, 1984 an
amount equal to (1) employee contributions based on the actual compensation
received and the rate of contribution in effect on the date of payment;
plus (2) an amount representing employer contributions, equal to the amount
specified in subdivision (1); plus (3) interest thereon at the rate of
6% per annum, compounded annually, from the date of service to the date of
payment.
(Source: P.A. 83-802.)
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