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(40 ILCS 5/7-175)
(from Ch. 108 1/2, par. 7-175)
(a) During the period beginning on August 1 and ending on September 15
of each year the board shall accept nominations of candidates for election
to the trusteeships for terms beginning the next January 1, new
trusteeships or vacancies to be filled by election.
(b) All nominations shall be by petition. Three petitions for an
executive trustee shall be signed by governing bodies of contributing
participating municipalities or instrumentalities.
A petition for an
employee trustee shall be signed by at least 350 participating employees
who were participants during July of the current year and who, if their
employment status remained unchanged, would be eligible to vote for such
candidate at the following election.
A petition for an annuitant trustee shall be signed by at least 100 persons
who were annuitants of the Fund during July of the current year and who, if
their annuitant status remains unchanged, would be eligible to vote for the
candidate at the following election.
(c) A separate ballot shall be used for each class of trustee and the
names of all candidates properly nominated in petitions received by the
board shall be placed in alphabetical order upon the proper ballot. Where
two employee trustees are elected to a full term in the same year, there
shall be one election for the two trusteeships and the two candidates
getting the highest number of votes shall be elected.
(d) At any election, each contributing participating municipality and
participating instrumentality and each contributing participating employee
employed by such participating municipality or participating
instrumentality during September of any year, shall be entitled to vote as
1. The governing body of each such participating
municipality and participating instrumentality shall have one vote at any election in which an executive trustee is to be elected, and may cast such vote for any candidate on the executive trustee ballot.
2. Each participating employee shall have one vote at
any election in which an employee trustee is to be elected, and may cast such vote for any candidate on the employee trustee ballot.
3. Each annuitant of the Fund shall have one vote at
any election in which an annuitant trustee is to be elected, and may cast that vote for any candidate on the annuitant trustee ballot.
4. A vote may be cast for a person not on the ballot
by writing in his or her name.
(e) The election shall be by ballot pursuant to the rules and
regulations established by the board and shall be completed by December 31
of the year. The results shall be entered in the minutes of the meeting of
the board following the tally of votes.
(f) In case of a tie vote, the candidate employed by or retired from the
participating municipality or participating instrumentality having the greatest
number of participating employees at the time shall be elected.
(g) Notwithstanding any other provision of this Article, if only one candidate is properly nominated in petitions received by the Board, that candidate shall be deemed the winner. In the case of 2 employee trustees elected to a full term in the same year, if only 2 candidates are properly nominated in petitions received by the Board, those 2 candidates shall both be deemed winners. If a candidate is deemed a winner under this paragraph, no election under this Section or Section 7-175.1 shall be required.
(Source: P.A. 98-932, eff. 8-15-14.)