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90_SB1481
40 ILCS 5/3-111 from Ch. 108 1/2, par. 3-111
40 ILCS 5/3-125.1 from Ch. 108 1/2, par. 3-125.1
30 ILCS 805/8.22 new
Amends the Downstate Police Article of the Illinois
Pension Code. Increases the retirement formula from 2% to
2.5% of salary for each year of service over 20. Raises the
employee contribution rate by 0.5% of salary. Amends the
State Mandates Act to require implementation without
reimbursement. Effective immediately.
LRB9011455EGfg
LRB9011455EGfg
1 AN ACT to amend the Illinois Pension Code by changing
2 Sections 3-111 and 3-125.1 and to amend the State Mandates
3 Act.
4 Be it enacted by the People of the State of Illinois,
5 represented in the General Assembly:
6 Section 5. The Illinois Pension Code is amended by
7 changing Sections 3-111 and 3-125.1 as follows:
8 (40 ILCS 5/3-111) (from Ch. 108 1/2, par. 3-111)
9 Sec. 3-111. Pension.
10 (a) A police officer age 50 or more with 20 or more
11 years of creditable service, who is no longer in service as a
12 police officer, shall receive a pension of 1/2 of the salary
13 attached to the rank held by the officer on the police force
14 for one year immediately prior to retirement or, beginning
15 July 1, 1987 for persons terminating service on or after that
16 date, the salary attached to the rank held on the last day of
17 service or for one year prior to the last day, whichever is
18 greater. The pension shall be increased by 2.5% 2% of such
19 salary for each additional year of service over 20 years, up
20 to 30 years, and 1% of such salary for each additional year
21 of service over 30 years, to a maximum of 75% of such salary.
22 No pension in effect on or granted after June 30, l973 shall
23 be less than $200 per month. Beginning July 1, 1987, the
24 minimum retirement pension for a police officer having at
25 least 20 years of creditable service shall be $400 per month,
26 without regard to whether or not retirement occurred prior to
27 that date.
28 (b) A police officer mandatorily retired from service
29 due to age by operation of law, having at least 8 but less
30 than 20 years of creditable service, shall receive a pension
31 equal to 2 1/2% of the salary attached to the rank he or she
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1 held on the police force for one year immediately prior to
2 retirement or, beginning July 1, 1987 for persons terminating
3 service on or after that date, the salary attached to the
4 rank held on the last day of service or for one year prior to
5 the last day, whichever is greater, for each year of
6 creditable service.
7 A police officer who retires or is separated from service
8 having at least 8 years but less than 20 years of creditable
9 service, who is not mandatorily retired due to age by
10 operation of law, and who does not apply for a refund of
11 contributions at his or her last separation from police
12 service, shall receive a pension upon attaining age 60 equal
13 to 2.5% of the salary attached to the rank held by the police
14 officer on the police force for one year immediately prior to
15 retirement or, beginning July 1, 1987 for persons terminating
16 service on or after that date, the salary attached to the
17 rank held on the last day of service or for one year prior to
18 the last day, whichever is greater, for each year of
19 creditable service.
20 (c) A police officer no longer in service who has at
21 least one but less than 8 years of creditable service in a
22 police pension fund but meets the requirements of this
23 subsection (c) shall be eligible to receive a pension from
24 that fund equal to 2.5% of the salary attached to the rank
25 held on the last day of service under that fund or for one
26 year prior to that last day, whichever is greater, for each
27 year of creditable service in that fund. The pension shall
28 begin no earlier than upon attainment of age 60 (or upon
29 mandatory retirement from the fund by operation of law due to
30 age, if that occurs before age 60) and in no event before the
31 effective date of this amendatory Act of 1997.
32 In order to be eligible for a pension under this
33 subsection (c), the police officer must have at least 8 years
34 of creditable service in a second police pension fund under
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1 this Article and be receiving a pension under subsection (a)
2 or (b) of this Section from that second fund. The police
3 officer need not be in service on or after the effective date
4 of this amendatory Act of 1997.
5 (Source: P.A. 90-460, eff. 8-17-97.)
6 (40 ILCS 5/3-125.1) (from Ch. 108 1/2, par. 3-125.1)
7 Sec. 3-125.1. Contributions by police officers. Each
8 police officer shall contribute to the pension fund the
9 following percentages of salary for the periods stated:
10 Beginning July 1, 1909 and prior to July 23, 1943, 1% (except
11 that prior to July 1, 1921 not more than one dollar per month
12 shall be deducted, and except that beginning July 1, 1921 and
13 prior to July 1, 1927 not more than $2 per month shall be
14 deducted); beginning July 23, 1943 and prior to July 20,
15 1949, 3%; beginning July 20, 1949 and prior to July 17, 1959,
16 5%; beginning July 17, 1959 and prior to July 1, 1971, 7%;
17 beginning July 1, 1971 and prior to July 1, 1975, 7 1/2%;
18 beginning July 1, 1975 and prior to January 1, 1987, 8 1/2%;
19 and beginning January 1, 1987 and prior to the effective date
20 of this amendatory Act of 1998, 9%; and beginning on the
21 effective date of this amendatory Act of 1998, 9.5%. Such
22 sums shall be paid or deducted monthly.
23 "Salary" means the annual salary, including longevity,
24 attached to the police officer's rank, as established by the
25 municipality's appropriation ordinance, including any
26 compensation for overtime which is included in the salary so
27 established, but excluding any "overtime pay", "holiday pay",
28 "bonus pay", "merit pay", or any other cash benefit not
29 included in the salary so established.
30 (Source: P.A. 84-1472.)
31 Section 90. The State Mandates Act is amended by adding
32 Section 8.22 as follows:
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1 (30 ILCS 805/8.22 new)
2 Sec. 8.22. Exempt mandate. Notwithstanding Sections 6
3 and 8 of this Act, no reimbursement by the State is required
4 for the implementation of any mandate created by this
5 amendatory Act of 1998.
6 Section 99. Effective date. This Act takes effect upon
7 becoming law.