Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process.
Recent laws may not yet be included in the ILCS database, but they are found on this site as Public
soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the
Because the statute database is maintained primarily for legislative drafting purposes,
statutory changes are sometimes included in the statute database before they take effect.
If the source note at the end of a Section of the statutes includes a Public Act that has
not yet taken effect, the version of the law that is currently in effect may have already
been removed from the database and you should refer to that Public Act to see the changes
made to the current law.
(40 ILCS 5/3-110.7)
Transfer between Article 3 funds.
(a) An active member of a pension fund established
under this Article may apply for transfer to that fund of his or her creditable
service and related contributions accumulated in any other police pension fund
established under this Article, except that a police officer may not transfer
creditable service under this Section from a pension fund unless (i) the
police officer actively served in
the police department under that fund for at least 2 years, (ii) the police
officer actively served in the police department under that fund for less than
2 years but was laid off or otherwise involuntarily terminated for a reason
other than the fault of the officer, or (iii) the police officer was not in
service in the police department under that fund on or after the effective date
of this Section.
Upon receiving the application, that
pension fund shall transfer to the pension fund in which the applicant
currently participates an amount equal to:
(1) the amounts actually contributed by or on behalf
of the applicant to the fund as employee contributions (including any interest paid by the applicant in order to reinstate service), plus interest on those amounts at the rate of 6% per year, compounded annually, from the date of contribution to the date of transfer; plus
(2) an amount representing employer contributions,
equal to the total amount determined under subdivision (1).
Participation in that other pension fund shall terminate on the date of
(b) An active member of a pension fund established
under this Article may reinstate service in any other pension fund established
under this Article that was terminated by receipt of a refund, by paying to
that other pension fund the amount of the refund plus interest thereon at the
rate of 6% per year, compounded annually, from the date of refund to the date
(Source: P.A. 90-460, eff. 8-17-97.)