40 ILCS 5/14-110
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 14 - State Employees' Retirement System Of Illinois

 (from Ch. 108 1/2, par. 14-110)(Text of Section from P.A. 102-210)Sec. 14-110. Alternative retirement annuity.(a) Any member who has withdrawn from service with not less than 20  years of eligible creditable service and has attained age 55, and any  member who has withdrawn from service with not less than 25 years of  eligible creditable service and has attained age 50, regardless of whether  the attainment of either of the specified ages occurs while the member is  still in service, shall be entitled to receive at the option of the member,  in lieu of the regular or minimum retirement annuity, a retirement  annuity  computed as follows:(i) for periods of service as a noncovered employee:     if retirement occurs on or after January 1, 2001, 3% of final average compensation for each year of creditable service; if retirement occurs before January 1, 2001, 2 1/4% of final average compensation for each of the first 10 years of creditable service, 2 1/2% for each year above 10 years to and including 20 years of creditable service, and 2 3/4% for each year of creditable service above 20 years; and(ii) for periods of eligible creditable service as a     covered employee: if retirement occurs on or after January 1, 2001, 2.5% of final average compensation for each year of creditable service; if retirement occurs before January 1, 2001, 1.67% of final average compensation for each of the first 10 years of such service, 1.90% for each of the next 10 years of such service, 2.10% for each year of such service in excess of 20 but not exceeding 30, and 2.30% for each year in excess of 30.Such annuity shall be subject to a maximum of 75% of final average  compensation if retirement occurs before January 1, 2001 or to a maximum  of 80% of final average compensation if retirement occurs on or after January  1, 2001.These rates shall not be applicable to any service performed  by a member as a covered employee which is not eligible creditable service.   Service as a covered employee which is not eligible creditable service  shall be subject to the rates and provisions of Section 14-108.(b) For the purpose of this Section, "eligible creditable service" means  creditable service resulting from service in one or more of the following  positions:(1) State policeman;(2) fire fighter in the fire protection service of a     department;(3) air pilot;(4) special agent;(5) investigator for the Secretary of State;(6) conservation police officer;(7) investigator for the Department of Revenue or the     Illinois Gaming Board;(8) security employee of the Department of Human     Services;(9) Central Management Services security police     officer;(10) security employee of the Department of     Corrections or the Department of Juvenile Justice;(11) dangerous drugs investigator;(12) investigator for the Department of State Police;(13) investigator for the Office of the Attorney     General;(14) controlled substance inspector;(15) investigator for the Office of the State's     Attorneys Appellate Prosecutor;(16) Commerce Commission police officer;(17) arson investigator;(18) State highway maintenance worker;(19) security employee of the Department of     Innovation and Technology; or(20) transferred employee.A person employed in one of the positions specified in this subsection is  entitled to eligible creditable service for service credit earned under this  Article while undergoing the basic police training course approved by the  Illinois Law Enforcement Training  Standards Board, if  completion of that training is required of persons serving in that position.  For the purposes of this Code, service during the required basic police  training course shall be deemed performance of the duties of the specified  position, even though the person is not a sworn peace officer at the time of  the training.A person under paragraph (20) is entitled to eligible creditable service for service credit earned under this Article on and after his or her transfer by Executive Order No. 2003-10, Executive Order No. 2004-2, or Executive Order No. 2016-1.(c) For the purposes of this Section:(1) The term "State policeman" includes any title or     position in the Department of State Police that is held by an individual employed under the State Police Act.(2) The term "fire fighter in the fire protection     service of a department" includes all officers in such fire protection service including fire chiefs and assistant fire chiefs.(3) The term "air pilot" includes any employee whose     official job description on file in the Department of Central Management Services, or in the department by which he is employed if that department is not covered by the Personnel Code, states that his principal duty is the operation of aircraft, and who possesses a pilot's license; however, the change in this definition made by this amendatory Act of 1983 shall not operate to exclude any noncovered employee who was an "air pilot" for the purposes of this Section on January 1, 1984.(4) The term "special agent" means any person who by     reason of employment by the Division of Narcotic Control, the Bureau of Investigation or, after July 1, 1977, the Division of Criminal Investigation, the Division of Internal Investigation, the Division of Operations, or any other Division or organizational entity in the Department of State Police is vested by law with duties to maintain public order, investigate violations of the criminal law of this State, enforce the laws of this State, make arrests and recover property. The term "special agent" includes any title or position in the Department of State Police that is held by an individual employed under the State Police Act.(5) The term "investigator for the Secretary of     State" means any person employed by the Office of the Secretary of State and vested with such investigative duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.A person who became employed as an investigator for     the Secretary of State between January 1, 1967 and December 31, 1975, and who has served as such until attainment of age 60, either continuously or with a single break in service of not more than 3 years duration, which break terminated before January 1, 1976, shall be entitled to have his retirement annuity calculated  in accordance with subsection (a), notwithstanding that he has less than 20 years of credit for such service.(6) The term "Conservation Police Officer" means any     person employed by the Division of Law Enforcement of the Department of Natural Resources and vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.  The term "Conservation Police Officer" includes the positions of Chief Conservation Police Administrator and Assistant Conservation Police Administrator.(7) The term "investigator for the Department of     Revenue" means any person employed by the Department of Revenue and vested with such investigative duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.The term "investigator for the Illinois Gaming Board"     means any person employed as such by the Illinois Gaming Board and vested with such peace officer duties as render the person ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.(8) The term "security employee of the Department of     Human Services" means any person employed by the Department of Human Services who (i) is employed at the Chester Mental Health Center and has daily contact with the residents thereof, (ii) is employed within a security unit at a facility operated by the Department and has daily contact with the residents of the security unit, (iii) is employed at a facility operated by the Department that includes a security unit and is regularly scheduled to work at least 50% of his or her working hours within that security unit, or (iv) is a mental health police officer. "Mental health police officer" means any person employed by the Department of Human Services in a position pertaining to the Department's mental health and developmental disabilities functions who is vested with such law enforcement duties as render the person ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.  "Security unit" means that portion of a facility that is devoted to the care, containment, and treatment of persons committed to the Department of Human Services as sexually violent persons, persons unfit to stand trial, or persons not guilty by reason of insanity.  With respect to past employment, references to the Department of Human Services include its predecessor, the Department of Mental Health and Developmental Disabilities.The changes made to this subdivision (c)(8) by Public     Act 92-14 apply to persons who retire on or after January 1, 2001, notwithstanding Section 1-103.1.(9) "Central Management Services security police     officer" means any person employed by the Department of Central Management Services who is vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.(10) For a member who first became an employee under     this Article before July 1, 2005, the term "security employee of the Department of Corrections or the Department of Juvenile Justice" means any employee of the Department of Corrections or the Department of Juvenile Justice or the former Department of Personnel, and any member or employee of the Prisoner Review Board, who has daily contact with inmates or youth by working within a correctional facility or Juvenile facility operated by the Department of Juvenile Justice or who is a parole officer or an employee who has direct contact with committed persons in the performance of his or her job duties. For a member who first becomes an employee under this Article on or after July 1, 2005, the  term means  an employee of the Department of Corrections or the Department of Juvenile Justice who is any of the following: (i) officially headquartered at a correctional facility or Juvenile facility operated by the Department of Juvenile Justice, (ii) a parole officer, (iii) a member of the apprehension unit, (iv) a member of the intelligence unit, (v) a member of the sort team, or (vi) an investigator.(11) The term "dangerous drugs investigator" means     any person who is employed as such by the Department of Human Services.(12) The term "investigator for the Department of     State Police" means a person employed by the Department of State Police who is vested under Section 4 of the Narcotic Control Division Abolition Act with such law enforcement powers as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.(13) "Investigator for the Office of the Attorney     General" means any person who is employed as such by the Office of the Attorney General and is vested with such investigative duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.  For the period before January 1, 1989, the term includes all persons who were employed as investigators by the Office of the Attorney General, without regard to social security status.(14) "Controlled substance inspector" means any     person who is employed as such by the Department of Professional Regulation and is vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.  The term "controlled substance inspector" includes the Program Executive of Enforcement and the Assistant Program Executive of Enforcement.(15) The term "investigator for the Office of the     State's Attorneys Appellate Prosecutor" means a person employed in that capacity on a full time basis under the authority of Section 7.06 of the State's Attorneys Appellate Prosecutor's Act.(16) "Commerce Commission police officer" means any     person employed by the Illinois Commerce Commission who is vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.(17) "Arson investigator" means any person who is     employed as such by the Office of the State Fire Marshal and is vested with such law enforcement duties as render the person ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.  A person who was employed as an arson investigator on January 1, 1995 and is no longer in service but not yet receiving a retirement annuity may convert his or her creditable service for employment as an arson investigator into eligible creditable service by paying to the System the difference between the employee contributions actually paid for that service and the amounts that would have been contributed if the applicant were contributing at the rate applicable to persons with the same social security status earning eligible creditable service on the date of application.(18) The term "State highway maintenance worker"     means a person who is either of the following:(i) A person employed on a full-time basis by the         Illinois Department of Transportation in the position of highway maintainer, highway maintenance lead worker, highway maintenance lead/lead worker, heavy construction equipment operator, power shovel operator, or bridge mechanic; and whose principal responsibility is to perform, on the roadway, the actual maintenance necessary to keep the highways that form a part of the State highway system in serviceable condition for vehicular traffic.(ii) A person employed on a full-time basis by         the Illinois State Toll Highway Authority in the position of equipment operator/laborer H-4, equipment  operator/laborer  H-6, welder  H-4, welder  H-6, mechanical/electrical H-4, mechanical/electrical H-6, water/sewer H-4, water/sewer H-6, sign maker/hanger H-4, sign maker/hanger H-6, roadway lighting H-4, roadway lighting H-6, structural H-4, structural H-6, painter H-4, or painter H-6; and whose principal responsibility is to perform, on the roadway, the actual maintenance necessary to keep the Authority's tollways in serviceable condition for vehicular traffic.(19) The term "security employee of the Department of     Innovation and Technology" means a person who was  a security employee of the Department of Corrections or the Department of  Juvenile Justice,  was transferred to the Department of Innovation and Technology pursuant to Executive Order 2016-01,  and continues to perform similar job functions under that Department.(20) "Transferred employee" means an employee who was     transferred to the Department of Central Management Services by Executive Order No. 2003-10 or Executive Order No. 2004-2 or transferred to the Department of Innovation and Technology by Executive Order No. 2016-1, or both, and was entitled to eligible creditable service for services immediately preceding the transfer.(d) A security employee of the Department of Corrections or the Department of Juvenile Justice, a security  employee of the Department of Human Services who is not a mental health police  officer, and a security employee of the Department of Innovation and Technology shall not be eligible for the alternative retirement annuity provided  by this Section unless he or she meets the following minimum age and service  requirements at the time of retirement:(i) 25 years of eligible creditable service and age     55; or(ii) beginning January 1, 1987, 25 years of eligible     creditable service and age 54, or 24 years of eligible creditable service and age 55; or(iii) beginning January 1, 1988, 25 years of eligible     creditable service and age 53, or 23 years of eligible creditable service and age 55; or(iv) beginning January 1, 1989, 25 years of eligible     creditable service and age 52, or 22 years of eligible creditable service and age 55; or(v) beginning January 1, 1990, 25 years of eligible     creditable service and age 51, or 21 years of eligible creditable service and age 55; or(vi) beginning January 1, 1991, 25 years of eligible     creditable service and age 50, or 20 years of eligible creditable service and age 55.Persons who have service credit under Article 16 of this Code for service  as a security employee of the Department of Corrections or the Department of Juvenile Justice, or the Department  of Human Services in a position requiring certification as a teacher may  count such service toward establishing their eligibility under the service  requirements of this Section; but such service may be used only for  establishing such eligibility, and not for the purpose of increasing or  calculating any benefit.(e) If a member enters military service while working in a position in  which eligible creditable service may be earned, and returns to State  service in the same or another such position, and fulfills in all other  respects the conditions prescribed in this Article for credit for military  service, such military service shall be credited as eligible creditable  service for the purposes of the retirement annuity prescribed in this Section.(f) For purposes of calculating retirement annuities under this  Section, periods of service rendered after December 31, 1968 and before  October 1, 1975 as a covered employee in the position of special agent,  conservation police officer, mental health police officer, or investigator  for the Secretary of State, shall be deemed to have been service as a  noncovered employee, provided that the employee pays to the System prior to  retirement an amount equal to (1) the difference between the employee  contributions that would have been required for such service as a  noncovered employee, and the amount of employee contributions actually  paid, plus (2) if payment is made after July 31, 1987, regular interest  on the amount specified in item (1) from the date of service to the date  of payment.For purposes of calculating retirement annuities under this Section,  periods of service rendered after December 31, 1968 and before January 1,  1982 as a covered employee in the position of investigator for the  Department of Revenue shall be deemed to have been service as a noncovered  employee, provided that the employee pays to the System prior to retirement  an amount equal to (1) the difference between the employee contributions  that would have been required for such service as a noncovered employee,  and the amount of employee contributions actually paid, plus (2) if payment  is made after January 1, 1990, regular interest on the amount specified in  item (1) from the date of service to the date of payment.(g) A State policeman may elect, not later than January 1, 1990, to  establish eligible creditable service for up to 10 years of his service as  a policeman under Article 3, by filing a written election with the Board,  accompanied by payment of an amount to be determined by the Board, equal to  (i) the difference between the amount of employee and employer  contributions transferred to the System under Section 3-110.5, and the  amounts that would have been contributed had such contributions been made  at the rates applicable to State policemen, plus (ii) interest thereon at  the effective rate for each year, compounded annually, from the date of  service to the date of payment.Subject to the limitation in subsection (i), a State policeman may elect,  not later than July 1, 1993, to establish eligible creditable service for  up to 10 years of his service as a member of the County Police Department  under Article 9, by filing a written election with the Board, accompanied  by payment of an amount to be determined by the Board, equal to (i) the  difference between the amount of employee and employer contributions  transferred to the System under Section 9-121.10 and the amounts that would  have been contributed had those contributions been made at the rates  applicable to State policemen, plus (ii) interest thereon at the effective  rate for each year, compounded annually, from the date of service to the  date of payment.(h) Subject to the limitation in subsection (i), a State policeman or  investigator for the Secretary of State may elect to establish eligible  creditable service for up to 12 years of his service as a policeman under  Article 5, by filing a written election with the Board on or before January  31, 1992, and paying to the System by January 31, 1994 an amount to be  determined by the Board, equal to (i) the difference between the amount of  employee and employer contributions transferred to the System under Section  5-236, and the amounts that would have been contributed had such  contributions been made at the rates applicable to State policemen, plus  (ii) interest thereon at the effective rate for each year, compounded  annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman,  conservation police officer, or investigator for the Secretary of State may  elect to establish eligible creditable service for up to 10 years of  service as a sheriff's law enforcement employee under Article 7, by filing  a written election with the Board on or before January 31, 1993, and paying  to the System by January 31, 1994 an amount to be determined by the Board,  equal to (i) the difference between the amount of employee and  employer contributions transferred to the System under Section  7-139.7, and the amounts that would have been contributed had such  contributions been made at the rates applicable to State policemen, plus  (ii) interest thereon at the effective rate for each year, compounded  annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman,  conservation police officer, or investigator for the Secretary of State may  elect to establish eligible creditable service for up to 5 years of  service as a police officer under Article 3, a policeman under Article 5, a sheriff's law enforcement employee under Article 7, a member of the county police department under Article 9, or a police officer under Article 15 by filing  a written election with the Board and paying  to the System an amount to be determined by the Board,  equal to (i) the difference between the amount of employee and  employer contributions transferred to the System under Section  3-110.6, 5-236, 7-139.8, 9-121.10, or 15-134.4 and the amounts that would have been contributed had such  contributions been made at the rates applicable to State policemen, plus  (ii) interest thereon at the effective rate for each year, compounded  annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), an investigator for the Office of the Attorney General, or an investigator for the Department of Revenue, may elect to establish eligible creditable service for up to 5 years of service as a police officer under Article 3, a policeman under Article 5, a sheriff's law enforcement employee under Article 7, or a member of the county police department under Article 9 by filing a written election with the Board within 6 months  after August 25, 2009 (the effective date of Public Act 96-745) and paying to the System an amount to be determined by the Board, equal to (i) the difference between the amount of employee and employer contributions transferred to the System under Section 3-110.6, 5-236, 7-139.8, or 9-121.10 and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman, conservation police officer, investigator for the Office of the Attorney General, an investigator for the Department of Revenue, or investigator for the Secretary of State may elect to establish eligible creditable service for up to 5 years of service as a person employed by a participating municipality to perform police duties, or law enforcement officer employed on a full-time basis by a forest preserve district under Article 7, a county corrections officer, or a court services officer under Article 9, by filing a written election with the Board within 6 months after August 25, 2009 (the effective date of Public Act 96-745)  and paying to the System an amount to be determined by the Board, equal to (i) the difference between the amount of employee and employer contributions transferred to the System under Sections 7-139.8 and 9-121.10 and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman, arson  investigator, or Commerce Commission police officer may elect to establish eligible creditable service for up to 5 years of service as a person employed by a participating municipality to perform police duties under Article 7,  a county corrections officer, a court services officer under Article 9, or a firefighter  under Article 4  by filing a written election with the Board within 6 months after the effective date of this amendatory Act of the 102nd General Assembly and paying to the System an amount to be determined by the Board equal to (i) the difference between the amount of employee and employer contributions transferred to the System under Sections 4-108.8, 7-139.8, and 9-121.10 and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a conservation police officer may elect to establish eligible creditable service for up to 5 years of service as a person employed by a participating municipality to perform police duties under Article 7,  a county corrections officer, or a court services officer under Article 9  by filing a written election with the Board within 6 months after the effective date of this amendatory Act of the 102nd General Assembly and paying to the System an amount to be determined by the Board equal to (i) the difference between the amount of employee and employer contributions transferred to the System under Sections 7-139.8 and 9-121.10 and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.Notwithstanding the limitation in subsection (i), a State policeman or conservation police officer may elect to convert service credit earned under this Article to eligible creditable service, as defined by this Section, by filing a written election with the board within 6 months after the effective date of this amendatory Act of the 102nd General Assembly and paying to the System an amount to be determined by the Board equal to (i) the difference between the amount of employee contributions originally paid for that service and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) the difference between the employer's normal cost of the credit prior to the conversion authorized by this amendatory Act of the 102nd General Assembly and the employer's normal cost of the credit converted in accordance with this amendatory Act of the 102nd General Assembly, plus (iii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.(i) The total amount of eligible creditable service established by any  person under subsections (g), (h), (j), (k), (l), (l-5), and (o) of this  Section shall not exceed 12 years.(j) Subject to the limitation in subsection (i), an investigator for  the Office of the State's Attorneys Appellate Prosecutor or a controlled  substance inspector may elect to  establish eligible creditable service for up to 10 years of his service as  a policeman under Article 3 or a sheriff's law enforcement employee under  Article 7, by filing a written election with the Board, accompanied by  payment of an amount to be determined by the Board, equal to (1) the  difference between the amount of employee and employer contributions  transferred to the System under Section 3-110.6 or 7-139.8, and the amounts  that would have been contributed had such contributions been made at the  rates applicable to State policemen, plus (2) interest thereon at the  effective rate for each year, compounded annually, from the date of service  to the date of payment.(k) Subject to the limitation in subsection (i) of this Section, an  alternative formula employee may elect to establish eligible creditable  service for periods spent as a full-time law enforcement officer or full-time  corrections officer employed by the federal government or by a state or local  government located outside of Illinois, for which credit is not held in any  other public employee pension fund or retirement system.  To obtain this  credit, the applicant must file a written application with the Board by March  31, 1998, accompanied by evidence of eligibility acceptable to the Board and  payment of an amount to be determined by the Board, equal to (1) employee  contributions for the credit being established, based upon the applicant's  salary on the first day as an alternative formula employee after the employment  for which credit is being established and the rates then applicable to  alternative formula employees, plus (2) an amount determined by the Board  to be the employer's normal cost of the benefits accrued for the credit being  established, plus (3) regular interest on the amounts in items (1) and (2) from  the first day as an alternative formula employee after the employment for which  credit is being established to the date of payment.(l) Subject to the limitation in subsection (i), a security employee of  the Department of Corrections may elect, not later than July 1, 1998, to  establish eligible creditable service for up to 10 years of his or her service  as a policeman under Article 3, by filing a written election with the Board,  accompanied by payment of an amount to be determined by the Board, equal to  (i) the difference between the amount of employee and employer contributions  transferred to the System under Section 3-110.5, and the amounts that would  have been contributed had such contributions been made at the rates applicable  to security employees of the Department of Corrections, plus (ii) interest  thereon at the effective rate for each year, compounded annually, from the date  of service to the date of payment.(l-5) Subject to the limitation in subsection (i) of this Section, a State policeman may elect to establish eligible creditable service for up to 5 years of service as a full-time law enforcement officer employed by the federal government or by a state or local government located outside of Illinois for which credit is not held in any other public employee pension fund or retirement system. To obtain this credit, the applicant must file a written application with the Board no later than 3 years after the effective date of this amendatory Act of the 101st General Assembly, accompanied by evidence of eligibility acceptable to the Board and payment of an amount to be determined by the Board, equal to (1) employee contributions for the credit being established, based upon the applicant's salary on the first day as an alternative formula employee after the employment for which credit is being established and the rates then applicable to alternative formula employees, plus (2) an amount determined by the Board to be the employer's normal cost of the benefits accrued for the credit being established, plus (3) regular interest on the amounts in items (1) and (2) from the first day as an alternative formula employee after the employment for which credit is being established to the date of payment.(m) The amendatory changes to this Section made by this amendatory Act of the 94th General Assembly apply only to: (1) security employees of the Department of Juvenile Justice employed by the Department of Corrections before the effective date of this amendatory Act of the 94th General Assembly and transferred to the Department of Juvenile Justice by this amendatory Act of the 94th General Assembly; and (2) persons employed by the Department of Juvenile Justice on or after the effective date of this amendatory Act of the 94th General Assembly who are required by subsection (b) of Section 3-2.5-15 of the Unified Code of Corrections to have any bachelor's or advanced degree from an accredited college or university or, in the case of persons who provide vocational training, who are required to have adequate knowledge in the skill for which they are providing the vocational training.(n) A person employed in a position under subsection (b) of this Section who has purchased service credit under subsection (j) of Section 14-104 or subsection (b) of Section 14-105 in any other capacity under this Article may convert up to 5 years of that service credit into service credit covered under this Section by paying to the Fund an amount equal to (1) the additional employee contribution required under Section 14-133, plus (2) the additional employer contribution required under Section 14-131, plus (3) interest on items (1) and (2) at the actuarially assumed rate from the date of the service to the date of payment.(o) Subject to the limitation in subsection (i), a conservation police officer, investigator for the Secretary of State, Commerce Commission police officer, investigator for the Department of Revenue or the    Illinois Gaming Board, or arson investigator subject to subsection (g) of Section 1-160 may elect to convert up to 8 years of service credit established before the effective date of this amendatory Act of the 101st General Assembly as a conservation police officer, investigator for the Secretary of State, Commerce Commission police officer, investigator for the Department of Revenue or the    Illinois Gaming Board, or arson investigator under this Article into eligible creditable service by filing a written election with the Board no later than one year after the effective date of this amendatory Act of the 101st General Assembly, accompanied by payment of an amount to be determined by the Board equal to (i) the difference between the amount of the employee contributions actually paid for that service and the amount of the employee contributions  that would have been paid had the employee contributions been made as a noncovered employee serving in a position in which eligible creditable service, as defined in this Section, may be earned, plus (ii) interest thereon at the effective rate for each year, compounded annually, from the date of service to the date of payment.(Source: P.A. 101-610, eff. 1-1-20; 102-210, eff. 7-30-21.)(Text of Section from P.A. 102-538)Sec. 14-110. Alternative retirement annuity.(a) Any member who has withdrawn from service with not less than 20  years of eligible creditable service and has attained age 55, and any  member who has withdrawn from service with not less than 25 years of  eligible creditable service and has attained age 50, regardless of whether  the attainment of either of the specified ages occurs while the member is  still in service, shall be entitled to receive at the option of the member,  in lieu of the regular or minimum retirement annuity, a retirement  annuity  computed as follows:(i) for periods of service as a noncovered employee:     if retirement occurs on or after January 1, 2001, 3% of final average compensation for each year of creditable service; if retirement occurs before January 1, 2001, 2 1/4% of final average compensation for each of the first 10 years of creditable service, 2 1/2% for each year above 10 years to and including 20 years of creditable service, and 2 3/4% for each year of creditable service above 20 years; and(ii) for periods of eligible creditable service as a     covered employee: if retirement occurs on or after January 1, 2001, 2.5% of final average compensation for each year of creditable service; if retirement occurs before January 1, 2001, 1.67% of final average compensation for each of the first 10 years of such service, 1.90% for each of the next 10 years of such service, 2.10% for each year of such service in excess of 20 but not exceeding 30, and 2.30% for each year in excess of 30.Such annuity shall be subject to a maximum of 75% of final average  compensation if retirement occurs before January 1, 2001 or to a maximum  of 80% of final average compensation if retirement occurs on or after January  1, 2001.These rates shall not be applicable to any service performed  by a member as a covered employee which is not eligible creditable service.   Service as a covered employee which is not eligible creditable service  shall be subject to the rates and provisions of Section 14-108.(b) For the purpose of this Section, "eligible creditable service" means  creditable service resulting from service in one or more of the following  positions:(1) State policeman;(2) fire fighter in the fire protection service of a     department;(3) air pilot;(4) special agent;(5) investigator for the Secretary of State;(6) conservation police officer;(7) investigator for the Department of Revenue or the     Illinois Gaming Board;(8) security employee of the Department of Human     Services;(9) Central Management Services security police     officer;(10) security employee of the Department of     Corrections or the Department of Juvenile Justice;(11) dangerous drugs investigator;(12) investigator for the Illinois State Police;(13) investigator for the Office of the Attorney     General;(14) controlled substance inspector;(15) investigator for the Office of the State's     Attorneys Appellate Prosecutor;(16) Commerce Commission police officer;(17) arson investigator;(18) State highway maintenance worker;(19) security employee of the Department of     Innovation and Technology; or(20) transferred employee.A person employed in one of the positions specified in this subsection is  entitled to eligible creditable service for service credit earned under this  Article while undergoing the basic police training course approved by the  Illinois Law Enforcement Training  Standards Board, if  completion of that training is required of persons serving in that position.  For the purposes of this Code, service during the required basic police  training course shall be deemed performance of the duties of the specified  position, even though the person is not a sworn peace officer at the time of  the training.A person under paragraph (20) is entitled to eligible creditable service for service credit earned under this Article on and after his or her transfer by Executive Order No. 2003-10, Executive Order No. 2004-2, or Executive Order No. 2016-1.(c) For the purposes of this Section:(1) The term "State policeman" includes any title or     position in the Illinois State Police that is held by an individual employed under the Illinois State Police Act.(2) The term "fire fighter in the fire protection     service of a department" includes all officers in such fire protection service including fire chiefs and assistant fire chiefs.(3) The term "air pilot" includes any employee whose     official job description on file in the Department of Central Management Services, or in the department by which he is employed if that department is not covered by the Personnel Code, states that his principal duty is the operation of aircraft, and who possesses a pilot's license; however, the change in this definition made by this amendatory Act of 1983 shall not operate to exclude any noncovered employee who was an "air pilot" for the purposes of this Section on January 1, 1984.(4) The term "special agent" means any person who by     reason of employment by the Division of Narcotic Control, the Bureau of Investigation or, after July 1, 1977, the Division of Criminal Investigation, the Division of Internal Investigation, the Division of Operations, the Division of Patrol Operations, or any other Division or organizational entity in the Illinois State Police is vested by law with duties to maintain public order, investigate violations of the criminal law of this State, enforce the laws of this State, make arrests and recover property. The term "special agent" includes any title or position in the Illinois State Police that is held by an individual employed under the Illinois State Police Act.(5) The term "investigator for the Secretary of     State" means any person employed by the Office of the Secretary of State and vested with such investigative duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.A person who became employed as an investigator for     the Secretary of State between January 1, 1967 and December 31, 1975, and who has served as such until attainment of age 60, either continuously or with a single break in service of not more than 3 years duration, which break terminated before January 1, 1976, shall be entitled to have his retirement annuity calculated  in accordance with subsection (a), notwithstanding that he has less than 20 years of credit for such service.(6) The term "Conservation Police Officer" means any     person employed by the Division of Law Enforcement of the Department of Natural Resources and vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.  The term "Conservation Police Officer" includes the positions of Chief Conservation Police Administrator and Assistant Conservation Police Administrator.(7) The term "investigator for the Department of     Revenue" means any person employed by the Department of Revenue and vested with such investigative duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.The term "investigator for the Illinois Gaming Board"     means any person employed as such by the Illinois Gaming Board and vested with such peace officer duties as render the person ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.(8) The term "security employee of the Department of     Human Services" means any person employed by the Department of Human Services who (i) is employed at the Chester Mental Health Center and has daily contact with the residents thereof, (ii) is employed within a security unit at a facility operated by the Department and has daily contact with the residents of the security unit, (iii) is employed at a facility operated by the Department that includes a security unit and is regularly scheduled to work at least 50% of his or her working hours within that security unit, or (iv) is a mental health police officer. "Mental health police officer" means any person employed by the Department of Human Services in a position pertaining to the Department's mental health and developmental disabilities functions who is vested with such law enforcement duties as render the person ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.  "Security unit" means that portion of a facility that is devoted to the care, containment, and treatment of persons committed to the Department of Human Services as sexually violent persons, persons unfit to stand trial, or persons not guilty by reason of insanity.  With respect to past employment, references to the Department of Human Services include its predecessor, the Department of Mental Health and Developmental Disabilities.The changes made to this subdivision (c)(8) by Public     Act 92-14 apply to persons who retire on or after January 1, 2001, notwithstanding Section 1-103.1.(9) "Central Management Services security police     officer" means any person employed by the Department of Central Management Services who is vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.(10) For a member who first became an employee under     this Article before July 1, 2005, the term "security employee of the Department of Corrections or the Department of Juvenile Justice" means any employee of the Department of Corrections or the Department of Juvenile Justice or the former Department of Personnel, and any member or employee of the Prisoner Review Board, who has daily contact with inmates or youth by working within a correctional facility or Juvenile facility operated by the Department of Juvenile Justice or who is a parole officer or an employee who has direct contact with committed persons in the performance of his or her job duties. For a member who first becomes an employee under this Article on or after July 1, 2005, the  term means  an employee of the Department of Corrections or the Department of Juvenile Justice who is any of the following: (i) officially headquartered at a correctional facility or Juvenile facility operated by the Department of Juvenile Justice, (ii) a parole officer, (iii) a member of the apprehension unit, (iv) a member of the intelligence unit, (v) a member of the sort team, or (vi) an investigator.(11) The term "dangerous drugs investigator" means     any person who is employed as such by the Department of Human Services.(12) The term "investigator for the Illinois State     Police" means a person employed by the Illinois State Police who is vested under Section 4 of the Narcotic Control Division Abolition Act with such law enforcement powers as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.(13) "Investigator for the Office of the Attorney     General" means any person who is employed as such by the Office of the Attorney General and is vested with such investigative duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.  For the period before January 1, 1989, the term includes all persons who were employed as investigators by the Office of the Attorney General, without regard to social security status.(14) "Controlled substance inspector" means any     person who is employed as such by the Department of Professional Regulation and is vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D) and 218(l)(1) of that Act.  The term "controlled substance inspector" includes the Program Executive of Enforcement and the Assistant Program Executive of Enforcement.(15) The term "investigator for the Office of the     State's Attorneys Appellate Prosecutor" means a person employed in that capacity on a full time basis under the authority of Section 7.06 of the State's Attorneys Appellate Prosecutor's Act.(16) "Commerce Commission police officer" means any     person employed by the Illinois Commerce Commission who is vested with such law enforcement duties as render him ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.(17) "Arson investigator" means any person who is     employed as such by the Office of the State Fire Marshal and is vested with such law enforcement duties as render the person ineligible for coverage under the Social Security Act by reason of Sections 218(d)(5)(A), 218(d)(8)(D), and 218(l)(1) of that Act.  A person who was employed as an arson investigator on January 1, 1995 and is no longer in service but not yet receiving a retirement annuity may convert his or her creditable service for employment as an arson investigator into eligible creditable service by paying to the System the difference between the employee contributions actually paid for that service and the amounts that would have been contributed if the applicant were contributing at the rate applicable to persons with the same social security status earning eligible creditable service on the date of application.(18) The term "State highway maintenance worker"     means a person who is either of the following:(i) A person employed on a full-time basis by the         Illinois Department of Transportation in the position of highway maintainer, highway maintenance lead worker, highway maintenance lead/lead worker, heavy construction equipment operator, power shovel operator, or bridge mechanic; and whose principal responsibility is to perform, on the roadway, the actual maintenance necessary to keep the highways that form a part of the State highway system in serviceable condition for vehicular traffic.(ii) A person employed on a full-time basis by         the Illinois State Toll Highway Authority in the position of equipment operator/laborer H-4, equipment  operator/laborer  H-6, welder  H-4, welder  H-6, mechanical/electrical H-4, mechanical/electrical H-6, water/sewer H-4, water/sewer H-6, sign maker/hanger H-4, sign maker/hanger H-6, roadway lighting H-4, roadway lighting H-6, structural H-4, structural H-6, painter H-4, or painter H-6; and whose principal responsibility is to perform, on the roadway, the actual maintenance necessary to keep the Authority's tollways in serviceable condition for vehicular traffic.(19) The term "security employee of the Department of     Innovation and Technology" means a person who was  a security employee of the Department of Corrections or the Department of  Juvenile Justice,  was transferred to the Department of Innovation and Technology pursuant to Executive Order 2016-01,  and continues to perform similar job functions under that Department.(20) "Transferred employee" means an employee who was     transferred to the Department of Central Management Services by Executive Order No. 2003-10 or Executive Order No. 2004-2 or transferred to the Department of Innovation and Technology by Executive Order No. 2016-1, or both, and was entitled to eligible creditable service for services immediately preceding the transfer.(d) A security employee of the Department of Corrections or the Department of Juvenile Justice, a security  employee of the Department of Human Services who is not a mental health police  officer, and a security employee of the Department of Innovation and Technology shall not be eligible for the alternative retirement annuity provided  by this Section unless he or she meets the following minimum age and service  requirements at the time of retirement:(i) 25 years of eligible creditable service and age     55; or(ii) beginning January 1, 1987, 25 years of eligible     creditable service and age 54, or 24 years of eligible creditable service and age 55; or(iii) beginning January 1, 1988, 25 years of eligible     creditable service and age 53, or 23 years of eligible creditable service and age 55; or(iv) beginning January 1, 1989, 25 years of eligible     creditable service and age 52, or 22 years of eligible creditable service and age 55; or(v) beginning January 1, 1990, 25 years of eligible     creditable service and age 51, or 21 years of eligible creditable service and age 55; or(vi) beginning January 1, 1991, 25 years of eligible     creditable service and age 50, or 20 years of eligible creditable service and age 55.Persons who have service credit under Article 16 of this Code for service  as a security employee of the Department of Corrections or the Department of Juvenile Justice, or the Department  of Human Services in a position requiring certification as a teacher may  count such service toward establishing their eligibility under the service  requirements of this Section; but such service may be used only for  establishing such eligibility, and not for the purpose of increasing or  calculating any benefit.(e) If a member enters military service while working in a position in  which eligible creditable service may be earned, and returns to State  service in the same or another such position, and fulfills in all other  respects the conditions prescribed in this Article for credit for military  service, such military service shall be credited as eligible creditable  service for the purposes of the retirement annuity prescribed in this Section.(f) For purposes of calculating retirement annuities under this  Section, periods of service rendered after December 31, 1968 and before  October 1, 1975 as a covered employee in the position of special agent,  conservation police officer, mental health police officer, or investigator  for the Secretary of State, shall be deemed to have been service as a  noncovered employee, provided that the employee pays to the System prior to  retirement an amount equal to (1) the difference between the employee  contributions that would have been required for such service as a  noncovered employee, and the amount of employee contributions actually  paid, plus (2) if payment is made after July 31, 1987, regular interest  on the amount specified in item (1) from the date of service to the date  of payment.For purposes of calculating retirement annuities under this Section,  periods of service rendered after December 31, 1968 and before January 1,  1982 as a covered employee in the position of investigator for the  Department of Revenue shall be deemed to have been service as a noncovered  employee, provided that the employee pays to the System prior to retirement  an amount equal to (1) the difference between the employee contributions  that would have been required for such service as a noncovered employee,  and the amount of employee contributions actually paid, plus (2) if payment  is made after January 1, 1990, regular interest on the amount specified in  item (1) from the date of service to the date of payment.(g) A State policeman may elect, not later than January 1, 1990, to  establish eligible creditable service for up to 10 years of his service as  a policeman under Article 3, by filing a written election with the Board,  accompanied by payment of an amount to be determined by the Board, equal to  (i) the difference between the amount of employee and employer  contributions transferred to the System under Section 3-110.5, and the  amounts that would have been contributed had such contributions been made  at the rates applicable to State policemen, plus (ii) interest thereon at  the effective rate for each year, compounded annually, from the date of  service to the date of payment.Subject to the limitation in subsection (i), a State policeman may elect,  not later than July 1, 1993, to establish eligible creditable service for  up to 10 years of his service as a member of the County Police Department  under Article 9, by filing a written election with the Board, accompanied  by payment of an amount to be determined by the Board, equal to (i) the  difference between the amount of employee and employer contributions  transferred to the System under Section 9-121.10 and the amounts that would  have been contributed had those contributions been made at the rates  applicable to State policemen, plus (ii) interest thereon at the effective  rate for each year, compounded annually, from the date of service to the  date of payment.(h) Subject to the limitation in subsection (i), a State policeman or  investigator for the Secretary of State may elect to establish eligible  creditable service for up to 12 years of his service as a policeman under  Article 5, by filing a written election with the Board on or before January  31, 1992, and paying to the System by January 31, 1994 an amount to be  determined by the Board, equal to (i) the difference between the amount of  employee and employer contributions transferred to the System under Section  5-236, and the amounts that would have been contributed had such  contributions been made at the rates applicable to State policemen, plus  (ii) interest thereon at the effective rate for each year, compounded  annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman,  conservation police officer, or investigator for the Secretary of State may  elect to establish eligible creditable service for up to 10 years of  service as a sheriff's law enforcement employee under Article 7, by filing  a written election with the Board on or before January 31, 1993, and paying  to the System by January 31, 1994 an amount to be determined by the Board,  equal to (i) the difference between the amount of employee and  employer contributions transferred to the System under Section  7-139.7, and the amounts that would have been contributed had such  contributions been made at the rates applicable to State policemen, plus  (ii) interest thereon at the effective rate for each year, compounded  annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman,  conservation police officer, or investigator for the Secretary of State may  elect to establish eligible creditable service for up to 5 years of  service as a police officer under Article 3, a policeman under Article 5, a sheriff's law enforcement employee under Article 7, a member of the county police department under Article 9, or a police officer under Article 15 by filing  a written election with the Board and paying  to the System an amount to be determined by the Board,  equal to (i) the difference between the amount of employee and  employer contributions transferred to the System under Section  3-110.6, 5-236, 7-139.8, 9-121.10, or 15-134.4 and the amounts that would have been contributed had such  contributions been made at the rates applicable to State policemen, plus  (ii) interest thereon at the effective rate for each year, compounded  annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), an investigator for the Office of the Attorney General, or an investigator for the Department of Revenue, may elect to establish eligible creditable service for up to 5 years of service as a police officer under Article 3, a policeman under Article 5, a sheriff's law enforcement employee under Article 7, or a member of the county police department under Article 9 by filing a written election with the Board within 6 months  after August 25, 2009 (the effective date of Public Act 96-745) and paying to the System an amount to be determined by the Board, equal to (i) the difference between the amount of employee and employer contributions transferred to the System under Section 3-110.6, 5-236, 7-139.8, or 9-121.10 and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.Subject to the limitation in subsection (i), a State policeman, conservation police officer, investigator for the Office of the Attorney General, an investigator for the Department of Revenue, or investigator for the Secretary of State may elect to establish eligible creditable service for up to 5 years of service as a person employed by a participating municipality to perform police duties, or law enforcement officer employed on a full-time basis by a forest preserve district under Article 7, a county corrections officer, or a court services officer under Article 9, by filing a written election with the Board within 6 months after August 25, 2009 (the effective date of Public Act 96-745)  and paying to the System an amount to be determined by the Board, equal to (i) the difference between the amount of employee and employer contributions transferred to the System under Sections 7-139.8 and 9-121.10 and the amounts that would have been contributed had such contributions been made at the rates applicable to State policemen, plus (ii) interest thereon at the actuarially assumed rate for each year, compounded annually, from the date of service to the date of payment.(i) The total amount of eligible creditable service established by any  person under subsections (g), (h), (j), (k), (l), (l-5), and (o) of this  Section shall not exceed 12 years.(j) Subject to the limitation in subsection (i), an investigator for  the Office of the State's Attorneys Appellate Prosecutor or a controlled  substance inspector may elect to  establish eligible creditable service for up to 10 years of his service as  a policeman under Article 3 or a sheriff's law enforcement employee under  Article 7, by filing a written election with the Board, accompanied by  payment of an amount to be determined by the Board, equal to (1) the  difference between the amount of employee and employer contributions  transferred to the System under Section 3-110.6 or 7-139.8, and the amounts  that would have been contributed had such contributions been made at the  rates applicable to State policemen, plus (2) interest thereon at the  effective rate for each year, compounded annually, from the date of service  to the date of payment.(k) Subject to the limitation in subsection (i) of this Section, an  alternative formula employee may elect to establish eligible creditable  service for periods spent as a full-time law enforcement officer or full-time  corrections officer employed by the federal government or by a state or local  government located outside of Illinois, for which credit is not held in any  other public employee pension fund or retirement system.  To obtain this  credit, the applicant must file a written application with the Board by March  31, 1998, accompanied by evidence of eligibility acceptable to the Board and  payment of an amount to be determined by the Board, equal to (1) employee  contributions for the credit being established, based upon the applicant's  salary on the first day as an alternative formula employee after the employment  for which credit is being established and the rates then applicable to  alternative formula employees, plus (2) an amount determined by the Board  to be the employer's normal cost of the benefits accrued for the credit being  established, plus (3) regular interest on the amounts in items (1) and (2) from  the first day as an alternative formula employee after the employment for which  credit is being established to the date of payment.(l) Subject to the limitation in subsection (i), a security employee of  the Department of Corrections may elect, not later than July 1, 1998, to  establish eligible creditable service for up to 10 years of his or her service  as a policeman under Article 3, by filing a written election with the Board,  accompanied by payment of an amount to be determined by the Board, equal to  (i) the difference between the amount of employee and employer contributions  transferred to the System under Section 3-110.5, and the amounts that would  have been contributed had such contributions been made at the rates applicable  to security employees of the Department of Corrections, plus (ii) interest  thereon at the effective rate for each year, compounded annually, from the date  of service to the date of payment.(l-5) Subject to the limitation in subsection (i) of this Section, a State policeman may elect to establish eligible creditable service for up to 5 years of service as a full-time law enforcement officer employed by the federal government or by a state or local government located outside of Illinois for which credit is not held in any other public employee pension fund or retirement system. To obtain this credit, the applicant must file a written application with the Board no later than 3 years after the effective date of this amendatory Act of the 101st General Assembly, accompanied by evidence of eligibility acceptable to the Board and payment of an amount to be determined by the Board, equal to (1) employee contributions for the credit being established, based upon the applicant's salary on the first day as an alternative formula employee after the employment for which credit is being established and the rates then applicable to alternative formula employees, plus (2) an amount determined by the Board to be the employer's normal cost of the benefits accrued for the credit being established, plus (3) regular interest on the amounts in items (1) and (2) from the first day as an alternative formula employee after the employment for which credit is being established to the date of payment.(m) The amendatory changes to this Section made by this amendatory Act of the 94th General Assembly apply only to: (1) security employees of the Department of Juvenile Justice employed by the Department of Corrections before the effective date of this amendatory Act of the 94th General Assembly and transferred to the Department of Juvenile Justice by this amendatory Act of the 94th General Assembly; and (2) persons employed by the Department of Juvenile Justice on or after the effective date of this amendatory Act of the 94th General Assembly who are required by subsection (b) of Section 3-2.5-15 of the Unified Code of Corrections to have any bachelor's or advanced degree from an accredited college or university or, in the case of persons who provide vocational training, who are required to have adequate knowledge in the skill for which they are providing the vocational training.(n) A person employed in a position under subsection (b) of this Section who has purchased service credit under subsection (j) of Section 14-104 or subsection (b) of Section 14-105 in any other capacity under this Article may convert up to 5 years of that service credit into service credit covered under this Section by paying to the Fund an amount equal to (1) the additional employee contribution required under Section 14-133, plus (2) the additional employer contribution required under Section 14-131, plus (3) interest on items (1) and (2) at the actuarially assumed rate from the date of the service to the date of payment.(o) Subject to the limitation in subsection (i), a conservation police officer, investigator for the Secretary of State, Commerce Commission police officer, investigator for the Department of Revenue or the    Illinois Gaming Board, or arson investigator subject to subsection (g) of Section 1-160 may elect to convert up to 8 years of service credit established before the effective date of this amendatory Act of the 101st General Assembly as a conservation police officer, investigator for the Secretary of State, Commerce Commission police officer, investigator for the Department of Revenue or the    Illinois Gaming Board, or arson investigator under this Article into eligible creditable service by filing a written election with the Board no later than one year after the effective date of this amendatory Act of the 101st General Assembly, accompanied by payment of an amount to be determined by the Board equal to (i) the difference between the amount of the employee contributions actually paid for that service and the amount of the employee contributions  that would have been paid had the employee contributions been made as a noncovered employee serving in a position in which eligible creditable service, as defined in this Section, may be earned, plus (ii) interest thereon at the effective rate for each year, compounded annually, from the date of service to the date of payment.(Source: P.A. 101-610, eff. 1-1-20; 102-538, eff. 8-20-21.)