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(40 ILCS 5/14-104.6) (from Ch. 108 1/2, par. 14-104.6)
Sec. 14-104.6.
Service transferred from Article 16.
Service also
includes the following:
(a) Any period as a teacher employed by the Department of Corrections
for which credit was established under Article 16 of this Code, subject to
the following conditions: (1) the credits accrued for such employment under
Article 16 have been transferred to this System; and (2) the participant has
contributed to this System an amount equal to (A) employee contributions at the
rate in effect for noncoordinated eligible creditable service at the date of
membership in this System, based upon the salary in effect during such period
of service, plus (B) the employer's share of the normal cost under this System
for each year that credit is being established, based on the salary in effect
during such period of service, plus (C) regular interest, compounded annually,
from July 1, 1987 to the date of payment, less (D) the amount transferred on
behalf of the participant under Section 16-131.6.
(b) Any period as a security employee of the Department of Human
Services, as defined in Section 14-110, for which credit was established
under Article 16 of this Code, subject to the following conditions:
(1) the credits accrued for that employment under Article 16 have been
transferred to this System; and (2) the participant has contributed to this
System an amount equal to (A) employee contributions at the rate in effect for
noncoordinated eligible creditable service at the date of membership in this
System, based upon the salary in effect during the period of service, plus (B)
the employer's share of the normal cost under this System for each year that
credit is being established, based on the salary in effect during the period
of service, plus (C) regular interest, compounded annually, from July 1, 2001
to the date of payment, less (D) the amount transferred on behalf of the
participant under Section 16-131.6.
(c) Credit established under this Section shall be deemed
noncoordinated eligible creditable service as defined in Section 14-110.
(Source: P.A. 92-14, eff. 6-28-01.)
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