(40 ILCS 5/20-128) (from Ch. 108 1/2, par. 20-128)
Sec. 20-128.
Payment of benefits.
Two or more participating systems may agree to have the combined
benefits paid by one of the systems, in which case, the system which pays
the combined benefit shall receive from the other system, a lump sum
payment equal to the actuarial equivalent of the proportional annuity
determined in accordance with annuity tables which are acceptable to both
systems.
(Source: P.A. 78-779.)
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(40 ILCS 5/20-129) (from Ch. 108 1/2, par. 20-129)
Sec. 20-129.
Retirement systems covered by article.
This Article shall apply only to those retirement systems which have
accepted it, as specified in the respective divisions or Articles of this
Code governing such systems.
(Source: Laws 1963, p. 161.)
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(40 ILCS 5/20-130) (from Ch. 108 1/2, par. 20-130)
Sec. 20-130.
Conflict between this Article and the Articles governing
the participating systems. If any of the provisions of this Article are
inconsistent with the provisions of the Article governing any participating
system, the provisions shall, if possible, be interpreted so as to give effect
to the purpose of both Articles; however, if this is not possible, the
provisions of the Article governing the participating system, with the
exception of those covering suspension of benefits upon return to
employment, shall control.
(Source: P.A. 79-782.)
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(40 ILCS 5/20-131) (from Ch. 108 1/2, par. 20-131)
Sec. 20-131.
Retirement Annuities and Survivors Annuities - Guarantees.
(a) This amendatory Act of 1975 (P.A. 79-782) shall not be applied to
deprive any person or his survivor of eligibility for an annuity or to reduce
the annuity or to deprive such person of rights to which he or his survivor
would have been entitled under the provisions of Article 20 which were in
effect immediately prior to September 5, 1975, if he was an employee
immediately prior to that date.
(b) If the combined retirement annuity benefits provided under Public
Act 79-782 are less than the combined retirement annuity benefits that would
have been payable under the alternative formula of Section 20-122, the system
under which retirement would have occurred, as provided by Section 20-122,
shall increase the proportional retirement annuity by an amount equal to the
difference.
(c) Subsection (b) of this Section does not apply to the retirement
annuity benefits payable under the self-managed plan established under Section
15-158.2 of this Code.
(Source: P.A. 91-887, eff. 7-6-00.)
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(40 ILCS 5/20-132) (from Ch. 108 1/2, par. 20-132)
Sec. 20-132.
Short title.
This Article shall be known as the "Retirement Systems Reciprocal Act"
and is a continuation of the "Retirement Systems Reciprocal Act", approved
July 11, 1955, as amended.
(Source: Laws 1963, p. 161.)
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(40 ILCS 5/20-133) (from Ch. 108 1/2, par. 20-133)
Sec. 20-133.
General provisions and savings clause.
The provisions of Article
1 and Article 23 of this Code apply to this Article as though such provisions
were fully set forth in this Article as a part thereof.
(Source: Laws 1963, p. 161.)
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