reglab/housing_qa huggingface dataset:
40 ILCS 5/3-109.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 3-109.1)Sec. 3-109.1. Chief of police.(a) Except as provided in subsection (a-5), beginning January 1, 1990, any person who is employed as the chief  of police of a "participating municipality" as defined in Section 7-106 of this  Code, may elect to participate in the Illinois Municipal Retirement Fund rather  than in a fund created under this Article 3.  Except as provided in  subsection (b), this election shall be irrevocable, and shall be  filed in writing with the Board of the Illinois Municipal Retirement Fund.(a-5) On or after January 1, 2019, a person may not elect to participate in the Illinois Municipal Retirement Fund with respect to his or her employment as the chief of police of a participating municipality, unless that person became a participating employee in the Illinois Municipal Retirement Fund before January 1, 2019.(b) Until January 1, 1999, a chief of police who has elected under this  Section to participate in IMRF rather than a fund created under this Article  may elect to rescind that election and transfer his or her participation  to the police pension fund established under this Article by the employing  municipality.  The chief must notify the boards of trustees of both funds in  writing of his or her decision to rescind the election and transfer  participation.   A chief of police who transfers participation under this  subsection (b) shall not be deemed ineligible to participate in the police  pension fund by reason of having failed to apply within the 3-month period  specified in Section 3-106.  (Source: P.A. 100-281, eff. 8-24-17.)
40 ILCS 5/3-109.2
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-109.2.     Retirement Program Elections.(a) For the purposes of this Section and Section 3-109.3:"Eligible employee" means a police officer who is hired on or within one  year after the effective date of the self-managed plan established under  Section 3-109.3."Ineligible employee" means a police officer who is hired before or more  than one year after that effective date.(b) Each eligible employee may elect to participate in the self-managed plan  with respect to all periods of covered employment occurring on and after the  effective date of the eligible employee's election.  The election must be made  in writing, in the manner prescribed by the fund, and within 6 months after  the later of (i) the date upon which the self-managed plan takes effect or  (ii) the date of hire.The election, once made, is irrevocable.  If an employee terminates  employment after making the election, then upon his or her subsequent  re-employment under this Article with the same municipality, the original  election shall automatically be reinstated.A police officer who does not elect to participate in the self-managed plan  within the permitted time shall participate in the defined benefit plan  otherwise provided under this Article.The employer shall not remit contributions to the fund on behalf of an  eligible employee until the earlier of the expiration of the employee's 6-month  election period or the date on which the employee submits a properly completed  election to the employer or to the fund.(c) Each eligible employee shall be provided with written information  prepared or prescribed by the fund, describing the employee's retirement  program choices.  The eligible employee shall be offered an opportunity to  receive counseling from the fund prior to making his or her election.  This  counseling may consist of videotaped materials, group presentations, individual  consultation with an employee or authorized representative of the fund in  person or by telephone or other electronic means, or any combination of these  methods.    (Source: P.A. 91-939, eff. 2-1-01.)
40 ILCS 5/3-109.4
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-109.4. Defined contribution plan for certain police officers.(a) Each municipality shall establish a defined contribution plan that aggregates  police officer and employer contributions in individual accounts used for  retirement. The defined contribution plan, including both police officer and employer contributions, established by the municipality must, at a minimum: meet the safe harbor provisions of the  Internal Revenue Code of 1986, as amended; be a qualified plan under the Internal Revenue Code of 1986, as amended; and comply with all other applicable laws, rules, and regulations. Contributions shall vest immediately upon deposit in the police officer's account.A police officer who participates in the defined contribution plan under this Section may not earn creditable service or otherwise participate in the defined benefit plan offered by his or her employing municipality, except as an annuitant in another fund or as a survivor, while he or she is a participant in the defined contribution plan. The defined contribution plan under this Section shall  not be construed to be a pension, annuity, or other defined benefit under this Code.(b) If a police officer who has more than 10 years of creditable service in a fund enters active service with a different municipality, he or she may elect to participate in the defined contribution plan under this Section in lieu of the defined benefit plan.A police officer who has elected under this subsection to participate in the defined contribution plan may, in writing, rescind that election in accordance with the rules of the board. Any employer contributions, and the earnings thereon, shall remain vested in the police officer's account. A police officer who rescinds the election may  begin participating in the defined benefit plan on the first day of the month following the rescission.(c) As used in this Section, "defined benefit plan" means the retirement plan available to police officers under this Article who do not participate in the defined contribution plan under this Section.   (Source: P.A. 100-281, eff. 8-24-17.)
40 ILCS 5/3-110.2
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 3-110.2)Sec. 3-110.2.         Transfer of creditable service to General Assembly Retirement  System. (a) An active member of the General Assembly Retirement  System may apply to transfer his or her credits and  creditable service accumulated  in any police pension fund under this Article to the General Assembly Retirement  System. Such transfer shall be made forthwith.  Payment by the police  pension fund to  the General Assembly Retirement System shall be made at the same time and  shall consist of:(1) the amounts credited to the  applicant, through employee contributions on the date of transfer; and(2) municipality contributions equal to the accumulated employee contributions  as determined under subparagraph (1) above.  Participation in the  police pension fund shall terminate on the date of transfer.(b) An active member of the General Assembly may reinstate service and  creditable service terminated upon receipt of a refund, by payment  to the fund of the amount of the refund together with interest thereon  at the rate of 6% per year to the date of payment.    (Source: P.A. 83-1440.)
40 ILCS 5/3-110.3
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 3-110.3)Sec. 3-110.3.     Transfer to IMRF.(a) Any person who has made an election under Section 3-109.1, and until  July 1, 1993, any active member of the Illinois Municipal Retirement Fund who  is a county clerk, may apply for transfer of his creditable service accumulated  in any police pension fund under this Article to the Illinois Municipal  Retirement Fund.  The creditable service shall be transferred upon payment by  the police pension fund to the Illinois Municipal Retirement Fund of an amount  equal to:(1) the amounts accumulated to the credit of the     applicant on the books of the fund on the date of transfer; and(2) employer contributions in an amount equal to the     amount determined under subparagraph (1); and(3) any interest paid by the applicant in order to     reinstate service.Participation in this Fund shall terminate on the date of transfer.(b) Any person who has made an election under Section 3-109.1, and  until July 1, 1993, any such county clerk, may reinstate service which was  terminated by receipt of a refund, by payment to the police pension fund of the  amount of the refund with interest thereon at the rate of 6% per year,  compounded annually, from the date of refund to the date of payment.    (Source: P.A. 86-273; 87-1265.)
40 ILCS 5/3-110.4
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 3-110.4)Sec. 3-110.4.     Transfer of creditable service to Article 8, 9 or 13 fund.(a) Any city officer as defined in Section 8-243.2 of this Code,  any county officer elected by vote of the people who is  a participant in a pension fund established under Article 9 of this Code,  any chief of the County Police Department or undersheriff of the County  Sheriff's Department who has elected under subparagraph (j) of Section 9-128.1  to be included within the provisions of Section 9-128.1 of Article 9 of this  Code, and any elected sanitary district commissioner who is a participant in  a pension fund established under Article 13 of this Code, may apply to  transfer his or her credits and creditable service accumulated in any  police pension fund established under this Article to such Article 8, 9  or 13 fund. Such transfer shall be made forthwith. Payment by the police  pension fund to the Article 8, 9 or 13 fund shall be made at the same  time and shall consist of:(1) the amounts credited to the applicant through     employee contributions on the date of transfer; and(2) municipality contributions equal to the     accumulated employee contributions as determined under item (1) above.     Participation in the police pension fund shall terminate on the date of  transfer.(b) Any such elected city officer, county officer, chief of the County  Police Department, undersheriff of the County Sheriff's Department, or  sanitary district commissioner may reinstate credits and creditable service  terminated upon receipt of a refund, by payment to the fund of the amount  of the refund together with interest thereon at the rate of 6% per year,  compounded annually from the date of refund to  the date of payment.    (Source: P.A. 89-643, eff. 8-9-96.)
40 ILCS 5/3-110.5
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 3-110.5)Sec. 3-110.5.     Transfer to Article 14 system.(a) Until January 1, 1990, any active member of the State Employees'  Retirement System who is a State policeman and until July 1, 1998, any active  member of the State Employees' Retirement System who is a security employee of  the Department of Corrections may apply for transfer of his or her  creditable service accumulated in any police pension fund under this  Article to the State Employees' Retirement System.  Such creditable service  shall be transferred only upon payment by such police pension fund to the State  Employees' Retirement System of an amount equal to:(1) the amounts accumulated to the credit of the     applicant on the books of the fund on the date of transfer; and(2) employer contributions in an amount equal to the     amount determined under subparagraph (1); and(3) any interest paid by the applicant in order to     reinstate service.    Participation in this Fund shall terminate on the date of transfer.(b) Until January 1, 1990, any such State policeman and until July 1,  1998, any such security employee of the Department of Corrections may  reinstate service which was terminated by receipt of a refund, by payment to  the police pension fund of the amount of the refund with interest thereon at  the rate of 6% per year, compounded annually, from the date of refund to the  date of payment.    (Source: P.A. 90-32, eff. 6-27-97.)
40 ILCS 5/3-110.6
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

 (from Ch. 108 1/2, par. 3-110.6)Sec. 3-110.6. Transfer to Article 14 System.(a)  Any active member of the State Employees' Retirement System who is  a State policeman, an investigator for the Secretary of State, a conservation police officer, an investigator for the Office of the Attorney General, an investigator for the Department of Revenue, an investigator for the Office of the State's Attorneys Appellate  Prosecutor, or a controlled substance inspector may apply for transfer of  some or all of his or her creditable service accumulated  in any police pension fund under this Article to the State Employees'  Retirement System in accordance with Section 14-110.  The creditable  service shall be transferred only upon payment by the police pension fund to  the State Employees' Retirement System of an amount equal to:(1) the amounts accumulated to the credit of the     applicant for the service to be transferred on the books of the fund on the date of transfer; and(2) employer contributions in an amount equal to the     amount determined under subparagraph (1); and(3) any interest paid by the applicant in order to     reinstate service to be transferred.  Participation in the police pension fund with respect to the service to be transferred shall terminate on the date  of transfer.(b) Any person applying to transfer service under this Section may reinstate service that was  terminated by receipt of a refund, by paying to the police pension fund the  amount of the refund with interest thereon at the actuarially assumed rate of interest,  compounded annually, from the date of refund to the date of payment.  (Source: P.A. 95-530, eff. 8-28-07; 96-745, eff. 8-25-09.)
40 ILCS 5/3-110.7
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-110.7.     Transfer between Article 3 funds.(a) An active member of a pension fund established  under this Article may apply for transfer to that fund of his or her creditable  service and related contributions accumulated in any other police pension fund  established under this Article, except that a police officer may not transfer  creditable service under this Section from a pension fund unless (i) the  police officer actively served in  the police department under that fund for at least 2 years, (ii) the police  officer actively served in the police department under that fund for less than  2 years but was laid off or otherwise involuntarily terminated for a reason  other than the fault of the officer, or (iii) the police officer was not in  service in the police department under that fund on or after the effective date  of this Section.  Upon receiving the application, that  other  pension fund shall transfer to the pension fund in which the applicant  currently participates an amount equal to:(1) the amounts actually contributed by or on behalf     of the applicant to the fund as employee contributions (including any interest paid by the applicant in order to reinstate service), plus interest on those amounts at the rate of 6% per year, compounded annually, from the date of contribution to the date of transfer; plus(2) an amount representing employer contributions,     equal to the total amount determined under subdivision (1).    Participation in that other pension fund shall terminate on the date of  transfer.(b) An active member of a pension fund established  under this Article may reinstate service in any other pension fund established  under this Article that was terminated by receipt of a refund, by paying to  that other pension fund the amount of the refund plus interest thereon at the  rate of 6% per year, compounded annually, from the date of refund to the date  of payment.    (Source: P.A. 90-460, eff. 8-17-97.)
40 ILCS 5/3-110.8
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-110.8. Transfer to IMRF.(a) Until 60 days after the effective date of this amendatory Act of the 97th General Assembly, any active member of the Illinois Municipal Retirement Fund may apply to transfer up to 10 years of creditable service in a police pension fund under this Article to the Illinois Municipal  Retirement Fund.  The creditable service shall be transferred upon payment by  the police pension fund to the Illinois Municipal Retirement Fund of an amount  equal to:(1) the amounts accumulated to the credit of the     applicant on the books of the fund on the date of transfer; and(2) employer contributions in an amount equal to the     amount determined under subparagraph (1); and(3) any interest paid by the applicant in order to     reinstate service. Creditable service transferred to the Illinois Municipal Retirement Fund under this Section shall terminate on the date of the transfer.(b) Until 60 days after the effective date of this amendatory Act of the 97th General Assembly, any active member of the Illinois Municipal Retirement Fund may reinstate all or any portion of his or her service that was  terminated by receipt of a refund, by payment to the police pension fund of the  amount of the refund with interest thereon at the actuarially assumed rate,  compounded annually, from the date of refund to the date of payment.    (Source: P.A. 97-273, eff. 8-8-11.)
40 ILCS 5/3-110.9
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-110.9. Transfer to Article 9.(a) Until 6 months after the effective date of this amendatory Act of the 95th General Assembly, any active member of a pension fund established under Article 9 of this Code may apply for transfer of up to 6 years of his or her creditable service accumulated in any police pension fund under this Article to the Article 9 fund. Such creditable service shall be transferred only upon payment by such police pension fund to the Article 9 fund of an amount equal to:(1) the amounts accumulated to the credit of the          applicant on the books of the fund on the date of transfer; and(2) employer contributions in an amount equal to the          amount determined under subparagraph (1); and(3) any interest paid by the applicant in order to          reinstate service.Participation in the police pension fund shall terminate on the date of transfer.(b) Until 6 months after the effective date of this amendatory Act of the 95th General Assembly, any active member of an Article 9 fund may reinstate service that was terminated by receipt of a refund, by payment to the police pension fund of the amount of the refund with interest thereon at the rate of 6% per year, compounded annually, from the date of refund to the date of payment.  (Source: P.A. 95-504, eff. 8-28-07; 95-876, eff. 8-21-08.)
40 ILCS 5/3-110.10
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-110.10. Transfer from Article 7. Until January 1, 2009, a person may transfer to a fund established under this Article up to 8 years of creditable service accumulated under Article 7 of this Code upon payment to the fund 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 fund  under Section 7-139.11 and the amounts that would have been contributed had such  contributions been made at the rates applicable to an employee under this Article, plus (ii) interest thereon at the actuarially assumed rate, compounded annually, from the date of service to the  date of payment.No later than 6 months after the effective date of this amendatory Act of the 102nd General Assembly, a person may transfer to a fund established under this Article creditable service accumulated under Article 7 of this Code for service as a sheriff's law enforcement employee, 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 upon payment to the fund 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 fund under Section 7-139.14 and the amounts that would have been contributed had such contributions been made at the rates applicable to an employee under this Article, plus (ii) interest thereon at the actuarially assumed rate, compounded annually, from the date of service to the date of payment. (Source: P.A. 102-113, eff. 7-23-21.)
40 ILCS 5/3-110.11
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-110.11. Transfer of creditable service from Article 5 fund. For a period of 60 days after the effective date of this Section, a person may transfer to a fund established under this Article up to 10 years of creditable service accumulated under Article 5 of this Code upon payment to the fund 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 fund under Section 5-237.5 and the amounts that would have been contributed had such contributions been made at the rates applicable to an employee under this Article, plus (ii) interest thereon at the actuarially assumed rate, compounded annually, from the date of service to the date of payment.  (Source: P.A. 97-326, eff. 8-12-11.)
40 ILCS 5/3-110.11a
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 3 - Police Pension Fund - Municipalities 500,000 And Under

Sec. 3-110.11a. Optional credit under Article 5. A police officer may establish optional credit for up to 5 years of service as a participant under Article 5, provided that the police officer (i) was certified under the law governing the certification of police officers at the time the service was rendered, (ii) applies in writing on or before December 31, 2023, (iii) supplies satisfactory evidence of the employment, (iv) completes 10 years of contributing service as a police officer as defined in Section 3-106, and (v) pays into the fund the amount the police officer would have contributed if he or she had been a regular contributor during such period, plus an amount determined by the Board to be equal to the municipality's normal cost of the benefit, plus interest at the actuarially assumed rate calculated from the date the employee last became a police officer under this Article.A police officer may not establish credit under this Section for any service for which the police officer is eligible to receive benefits under Article 5 of this Code.  (Source: P.A. 102-342, eff. 8-13-21.)