(40 ILCS 5/15-135.1)
Election to avoid application of P.A.
(a) A participant who was an employee on July 7, 1997 and retires on or
after the effective date of this amendatory Act of the 91st General Assembly
may elect in writing at the time of retirement to have
the retirement annuity calculated in accordance with the provisions of Sections
15-135 and 15-136 as they existed immediately prior to amendment by Public Act
90-65. This election, once made, is irrevocable.
(b) The fact that a person has elected to participate in the optional
retirement program under Section 15-158.2 or has elected the portability
option under subsection (a-1) of Section 15-154 does not prevent the person
from making an election under subsection (a) of this Section; the fact that
such a person makes an election under subsection (a) does not allow the person
to change the irrevocable election that he or she made under Section 15-158.2
or subsection (a-1) of Section 15-154.
(c) The System shall promptly notify the Department of Central Management
Services of each election made under this Section.
(Source: P.A. 91-395, eff. 7-30-99.)