(40 ILCS 5/9-220.1)
Service of less than 15 days in one month.
A member of the
General Assembly with service credit in the Fund may establish service credit
in the Fund for up to 24 months, during each of which he or she worked for at
least one but fewer than 15 days, by purchasing service credit for the number
of days needed to bring the total of days worked in each such month up to 15.
To establish this credit, the member must pay to the Fund before January 1,
1998 an amount equal to (1) employee contributions based on the number of days
for which credit is being purchased, the rate of compensation received by the
applicant for the time actually worked during that month, and the rate of
contribution in effect for the applicant during that month; plus (2) an amount
representing employer contributions, equal to the amount specified in item (1);
plus (3) interest on the amounts specified in items (1) and (2) at the rate of
6% per annum, compounded annually, from the date of service to the date of
payment. This Section is not limited to persons in service under this Article
on or after the effective date of this amendatory Act of 1997.
(Source: P.A. 90-511, eff. 8-22-97.)