(40 ILCS 5/15-153.1)
(from Ch. 108 1/2, par. 15-153.1)
Disability benefits - Reduction.
(a) If a participant
receiving disability benefits under this Article earns compensation from
any source for personal or professional services in excess of the amount
of the disability benefit, the disability benefit shall be reduced by the
excess of the earnings over the benefit.
(b) If a participant receiving disability benefits under this Article
receives disability income under an insurance contract financed wholly or
partially by the employer, the disability benefit shall be reduced by the
amount so received.
(c) In determining the monthly benefits payable under this Article, a
deduction shall be made equivalent to any benefits payable to any employee
under any State or Federal Worker's Compensation or Occupational Diseases
Acts for any period for which disability benefits are payable. However,
no deduction shall be made in the case of payment for medical, surgical
and hospital services and artificial members or appliances, fixed statutory
payments for the loss of any bodily member, or the permanent and complete
loss of use of 100% of any bodily member, payments for the loss of industrial
vision or redemption awards payable prior to the date monthly disability
benefits first become payable. If the benefits deductible under this paragraph
are stated as a specified amount per week for a designated calendar period,
then the monthly amounts shall, for purposes of this Section, be 4 1/3 times
such weekly amount.
For any calendar month during which the amount of benefits deductible when
thus computed on the monthly basis exceeds the amount of the monthly benefit
otherwise payable under this Article for that month, no monthly disability
benefit shall be payable under this Article. For any calendar month in
which the amount of benefits deductible when computed on a monthly basis
is less than the monthly disability benefit payable for that month, such
lesser amount shall be deducted from the monthly disability benefit payable
for that month. Lump sum awards provided for the payment in advance of
workers' compensation benefits which are definitely allocable to specific
weeks in a calendar period shall be deducted on the same basis as if the
award had been payable on a weekly basis.
If such workers' compensation is not allocable to any specific calendar
period, including redemption awards payable subsequent to the date monthly
disability benefits first become payable, an equivalent monthly amount of
such awards shall be computed for the purposes of this Section as 4 1/3
times the amount of the weekly workers' compensation benefit provided by
the applicable statute for the participant and his or her dependents. The
total workers' compensation awards shall be divided by such computed equivalent
monthly amounts to determine the number of months and fractions of months
during which monthly disability benefits shall be reduced.
(Source: P.A. 83-1440.)