(40 ILCS 5/16-130.1) (from Ch. 108 1/2, par. 16-130.1)
Sec. 16-130.1.
Any active member of the Judges Retirement System may
apply for transfer of his credits and creditable service accumulated under
this System to the Judges Retirement System. Such creditable
service shall be transferred forthwith. Payment by this System to the
Judges Retirement System shall be made at the same time and shall consist of:
(1) the amounts accumulated to the credit of the applicant, including
interest, on the books of the System on the date of transfer; and
(2) employer contributions in an amount equal to the amount of member
contributions as determined under item (1).
Participation in this
System as to any credits transferred under this Section shall terminate on
the date of transfer.
(Source: P.A. 85-1008.)
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