40 ILCS 5/9-121
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 9 - County Employees' and Officers' Annuity and Benefit Fund - Counties Over 3,000,000 Inhabitants

 (from Ch. 108 1/2, par. 9-121)Sec. 9-121.     Election of county officer to become contributor.     (a) Any employee elected by a vote of the people to a county office  may elect to become a contributor by exercising such election while in  office.(b) Upon election by a future entrant, credit shall accrue for all  service and credit shall be granted for all contributions made by and on  his behalf by the county for age and service and widow's annuity. The  employee may make contributions with interest at the effective rate,  equal to the sum which would have accumulated to his credit for age and  service and widow's annuity as of the date he becomes a contributor had  he made contributions from the  date of his assuming elective office to  the date he becomes a contributor. Concurrent credit shall be granted  for county contributions at the rate in effect during the periods for  which the employee made contributions.Any future entrant who renders at least 2 years of service after such  election shall receive credit for all purposes of this Article,  including prior service, provided that if he has received a refund of  contributions with respect to any such service, credit shall not be  granted unless repayment is made of all such refunds, including interest  to the date of repayment.(c) Upon election by a present employee, credit shall be granted and  county contributions shall be made for all purposes of this Article for  all periods prior to October 1, 1947, during which he was an officer or  employee of the county, except as otherwise prescribed in this Section.  Such county contributions shall be at the rates in effect for employees  under the provisions of "The 1925 Act" during periods for which credit  is allowed for the purposes specified in this paragraph together with  interest, and shall be considered together with all other contributions  in the computation of annuities to which the employee or his widow may  be entitled.Any such present employee may elect to make additional contributions  with interest at 4% per annum, equal to the sum which would have  accumulated for age and service annuity and widow's annuity as of the  date he became a contributor had he made contributions throughout his  entire period of service for which county contributions are provided in  this Section. Such additional contributions shall be improved at  interest for the same period of time as regular contributions in the  case of any other present employee, and shall, together with all other  amounts contributed by the employee, be considered as  contributions for  age and service annuity, widow's annuity and refund purposes.(d) Any present employee who received a refund under "The 1925 Act"  prior to July 1, 1947, shall receive no credit for service covered by  such refund unless repayment is made by him of all such refunds,  including interest to the date of repayment.(e) The time and manner of making additional contributions and  repayment of refunds shall be prescribed by the board.    (Source: P.A. 81-1536.)