Article

State Universities Retirement System

40 ILCS 5/15-101— Creation of system
40 ILCS 5/15-102— Terms defined
40 ILCS 5/15-103— System
40 ILCS 5/15-103.1— Traditional Benefit Package
40 ILCS 5/15-103.2— Portable Benefit Package
40 ILCS 5/15-103.3— Self-Managed Plan
40 ILCS 5/15-104— The 1941 Act
40 ILCS 5/15-105— Board
40 ILCS 5/15-106— Employer
40 ILCS 5/15-107— Employee
40 ILCS 5/15-108— Participant
40 ILCS 5/15-108.1— Tier 1 member
40 ILCS 5/15-108.2— Tier 2 member
40 ILCS 5/15-109— Participating employee
40 ILCS 5/15-110— Basic compensation
40 ILCS 5/15-111— Earnings
40 ILCS 5/15-111.5— Basic compensation and earnings restrictions
40 ILCS 5/15-112— Final rate of earnings
40 ILCS 5/15-113— Service
40 ILCS 5/15-113.1— Service for employment with an employer defined under Section 15-106
40 ILCS 5/15-113.2— Service for leaves of absence
40 ILCS 5/15-113.3— Service for periods of military service
40 ILCS 5/15-113.4— Service for unused sick leave
40 ILCS 5/15-113.5— Service for employment with other public agencies in this State
40 ILCS 5/15-113.6— Service for employment in public schools
40 ILCS 5/15-113.7— Service for other public employment
40 ILCS 5/15-113.8— Previous service with employer affiliated alumni and athletic associations and foundations
40 ILCS 5/15-113.9— Service for employment with the Illinois Mathematics and Science Academy
40 ILCS 5/15-113.10— Transfer of creditable service to Article 8, 9 or 13 fund
40 ILCS 5/15-113.11— Service for periods of voluntary or involuntary furlough
40 ILCS 5/15-113.12— Earnings for periods of voluntary pay reduction taken in lieu of furlough
40 ILCS 5/15-114— Normal contributions
40 ILCS 5/15-115— Additional contributions
40 ILCS 5/15-116— Accumulated normal contributions
40 ILCS 5/15-117— Accumulated additional contributions
40 ILCS 5/15-118— Annuity
40 ILCS 5/15-119— Annuitant
40 ILCS 5/15-120— Beneficiary; survivor annuitant under portable benefit package
40 ILCS 5/15-121— Additional annuity
40 ILCS 5/15-122— Reversionary annuity
40 ILCS 5/15-123— Beneficiary annuity
40 ILCS 5/15-124— Actuarial tables
40 ILCS 5/15-125— "Prescribed Rate of Interest; Effective Rate of Interest"
40 ILCS 5/15-126— Fiscal year
40 ILCS 5/15-126.1— Academic year
40 ILCS 5/15-126.2— Plan year
40 ILCS 5/15-127— Surviving spouse
40 ILCS 5/15-129— Child
40 ILCS 5/15-130— Parent
40 ILCS 5/15-131— Survivors insurance beneficiary
40 ILCS 5/15-132— Accumulated survivors insurance contributions
40 ILCS 5/15-132.1— Police officer
40 ILCS 5/15-132.2— Retire and retirement
40 ILCS 5/15-133— Employer participation
40 ILCS 5/15-134— Participant
40 ILCS 5/15-134.1— Service calculation and adjustment
40 ILCS 5/15-134.2— Transfer of creditable service to the General Assembly Retirement System
40 ILCS 5/15-134.3— (a) Persons otherwise required or eligible to participate in this System who elect to continue participation in the General Assembly System under Section 2-117.1 may not participate in this System for the duration of such continued participation under Section 2-117.1
40 ILCS 5/15-134.4— Transfer of creditable service to an Article 3 pension fund, the Article 5 Pension Fund, or the Article 14 System
40 ILCS 5/15-134.5— Retirement program elections
40 ILCS 5/15-135— Retirement annuities; conditions
40 ILCS 5/15-135.1— Election to avoid application of P.A
40 ILCS 5/15-136— Retirement annuities - Amount
40 ILCS 5/15-136.1— Retirement annuities - Supplemental annuity
40 ILCS 5/15-136.2— Early retirement without discount
40 ILCS 5/15-136.3— Minimum retirement annuity
40 ILCS 5/15-136.4— Retirement and Survivor Benefits Under Portable Benefit Package
40 ILCS 5/15-137— Retirement annuities-Guarantees
40 ILCS 5/15-138— Retirement annuities-Reduction
40 ILCS 5/15-139— Retirement annuities; cancellation; suspended during employment
40 ILCS 5/15-139.1— Tier 2 member retirement annuities; suspended during employment
40 ILCS 5/15-139.5— Return to work by affected annuitant; notice and contribution by employer
40 ILCS 5/15-140— Reversionary annuities
40 ILCS 5/15-141— Death benefits - Death of participant
40 ILCS 5/15-142— Death benefits - Death of annuitant
40 ILCS 5/15-143— Death benefits - general provisions
40 ILCS 5/15-144— Beneficiary annuities
40 ILCS 5/15-145— Survivors insurance benefits; conditions and amounts
40 ILCS 5/15-145.1— Survivor's insurance annuities and lump sum payments for Tier 2 Members; amount
40 ILCS 5/15-146— Survivors insurance benefits - Minimum amounts
40 ILCS 5/15-146.1— Survivors insurance benefits-Maximum amounts
40 ILCS 5/15-147— Survivors insurance benefits-Dependency conditions
40 ILCS 5/15-148— Survivors insurance benefits; general provisions
40 ILCS 5/15-149— Determination of family status
40 ILCS 5/15-150— Disability benefits; eligibility
40 ILCS 5/15-151— Disability benefits - commencement
40 ILCS 5/15-152— Disability benefits - Duration
40 ILCS 5/15-153— Disability benefits; amount
40 ILCS 5/15-153.1— Disability benefits - Reduction
40 ILCS 5/15-153.2— Disability retirement annuity
40 ILCS 5/15-153.3— Automatic increase in disability benefit
40 ILCS 5/15-154— Refunds
40 ILCS 5/15-154.1— Maximum benefits
40 ILCS 5/15-154.2— Waiver of service and benefits
40 ILCS 5/15-155— Employer contributions
40 ILCS 5/15-155.1— Actions to enforce payments by employers
40 ILCS 5/15-155.2— Individual employer accounts
40 ILCS 5/15-156— Obligations of State; funding guarantees
40 ILCS 5/15-157— Employee Contributions
40 ILCS 5/15-157.1— Pickup of employee contributions
40 ILCS 5/15-157.5— Use of contributions for health care subsidies
40 ILCS 5/15-158.1— (Repealed)
40 ILCS 5/15-158.2— Self-managed plan
40 ILCS 5/15-158.3— Reports on cost reduction; effect on retirement at any age with 30 years of service
40 ILCS 5/15-158.4— Election of medicare coverage
40 ILCS 5/15-159— Board created
40 ILCS 5/15-160— Board's powers and duties
40 ILCS 5/15-161— To contract and act in its corporate name
40 ILCS 5/15-162— To hold meetings
40 ILCS 5/15-163— To consider applications and authorize payments
40 ILCS 5/15-164— To certify interest rate, to set value of allowances and to adopt actuarial tables
40 ILCS 5/15-165— To certify amounts and submit vouchers
40 ILCS 5/15-166— To be custodian
40 ILCS 5/15-167— To invest money
40 ILCS 5/15-167.1— Participation in commingled investment funds-Transfer of investment functions and securities
40 ILCS 5/15-167.2— To issue bonds
40 ILCS 5/15-167.3— (Repealed)
40 ILCS 5/15-167.4— Eminent domain
40 ILCS 5/15-168— To require information
40 ILCS 5/15-168.1— Testimony and the production of records
40 ILCS 5/15-168.2— Audit of employers
40 ILCS 5/15-169— To elect officers and appoint employees
40 ILCS 5/15-170— To maintain records and accounts
40 ILCS 5/15-171— To receive, record and deposit payments
40 ILCS 5/15-172— To certify warrants, checks, or drafts
40 ILCS 5/15-173— To cause actuarial analyses
40 ILCS 5/15-174— To have an audit
40 ILCS 5/15-175— To provide statements
40 ILCS 5/15-176— To accept gifts
40 ILCS 5/15-177— To make rules
40 ILCS 5/15-177.5— Proxy voting
40 ILCS 5/15-177.6— Fiduciary report
40 ILCS 5/15-178— Duties of the State Comptroller and payroll officers
40 ILCS 5/15-179— Duties of Director of Central Management Services
40 ILCS 5/15-181— Duties of employers
40 ILCS 5/15-183— Authorizations
40 ILCS 5/15-184— Undivided interest
40 ILCS 5/15-185— Annuities, etc., exempt
40 ILCS 5/15-185.5— Accelerated pension benefit payment in lieu of any pension benefit
40 ILCS 5/15-185.6— Accelerated pension benefit payment for a reduction in an annual increase to a retirement annuity and an annuity benefit payable as a result of death
40 ILCS 5/15-186— Fraud
40 ILCS 5/15-186.1— Mistake in benefit calculation and overpayment recovery
40 ILCS 5/15-187— Felony conviction
40 ILCS 5/15-188— Administrative review
40 ILCS 5/15-189— No monetary gain on investments
40 ILCS 5/15-190— Persons under legal disability
40 ILCS 5/15-191— Payment of benefits to minors
40 ILCS 5/15-192— Retirement Systems Reciprocal Act
40 ILCS 5/15-193— Reinsurance
40 ILCS 5/15-196— General provisions and savings clause
40 ILCS 5/15-197— Savings Clause
40 ILCS 5/15-198— Application and expiration of new benefit increases
40 ILCS 5/15-200— (Repealed)
40 ILCS 5/15-201— (Repealed)
40 ILCS 5/15-202— Optional deferred compensation plan