Article

Illinois Municipal Retirement Fund

40 ILCS 5/7-101— Creation of fund
40 ILCS 5/7-102— Purpose
40 ILCS 5/7-103— Terms defined
40 ILCS 5/7-104— Fund
40 ILCS 5/7-105
40 ILCS 5/7-106— Participating municipality
40 ILCS 5/7-107— Instrumentality
40 ILCS 5/7-108— "Participating Instrumentality"
40 ILCS 5/7-109— Employee
40 ILCS 5/7-109.1— "Seasonal Employee": An employee whose position normally requires regular service during a period of at least 6 consecutive months, but less than 12 months, in a 12 month period
40 ILCS 5/7-109.2— "Intermittent Employee": An employee, whose position normally requires service intermittently, rather than regularly, and a person whose position normally requires regular service for a period of less than 6 consecutive months in a 12 month period
40 ILCS 5/7-109.3— "Sheriff's Law Enforcement Employees"
40 ILCS 5/7-109.4— Tier 1 regular employee
40 ILCS 5/7-109.5— Tier 2 regular employee
40 ILCS 5/7-110— Participating employee
40 ILCS 5/7-111
40 ILCS 5/7-111.5— "Omitted service": The period of service with a participating municipality or participating instrumentality during which an employee was required to participate in the Fund, but was not actually enrolled
40 ILCS 5/7-112
40 ILCS 5/7-113— "Creditable Service": All periods of prior service or current service for which credits are granted under the provisions of Section 7-139
40 ILCS 5/7-114— Earnings
40 ILCS 5/7-115— Rate of earnings
40 ILCS 5/7-116
40 ILCS 5/7-117— Annuitant
40 ILCS 5/7-118— "Beneficiary"
40 ILCS 5/7-119— Annuity
40 ILCS 5/7-120— Board
40 ILCS 5/7-121
40 ILCS 5/7-122— Effective date
40 ILCS 5/7-123— Effective rate of interest
40 ILCS 5/7-124— Prescribed rate of interest
40 ILCS 5/7-125— Federal Social Security Act
40 ILCS 5/7-126— Federal Insurance Contributions Act
40 ILCS 5/7-127— Social Security Enabling Act
40 ILCS 5/7-128— State agency
40 ILCS 5/7-129— Covered municipalities and participating instrumentalities
40 ILCS 5/7-130— Covered employee
40 ILCS 5/7-132— Municipalities, instrumentalities and participating instrumentalities included and effective dates
40 ILCS 5/7-132.1— Towns - Election to participate
40 ILCS 5/7-132.2— Regional office of education
40 ILCS 5/7-132.3— The EDC Foundation of Chicago
40 ILCS 5/7-134— Municipality referendum and notice of election to participate
40 ILCS 5/7-135— Authorized agents
40 ILCS 5/7-135.5— Required public posting of information by the Fund
40 ILCS 5/7-136— Municipalities and participating instrumentalities covered under the Federal Social Security Act and effective dates
40 ILCS 5/7-137— Participating and covered employees
40 ILCS 5/7-137.1— Elected officials
40 ILCS 5/7-137.2— Participation by elected members of county boards
40 ILCS 5/7-138— Employees covered under the Federal Social Security Act and effective dates
40 ILCS 5/7-139— Credits and creditable service to employees
40 ILCS 5/7-139.1— General Assembly transfers and credits
40 ILCS 5/7-139.1a— Transfer from Article 3
40 ILCS 5/7-139.2— Validation of service credits
40 ILCS 5/7-139.3— Validation of service credits
40 ILCS 5/7-139.4— Termination of participation as an employee
40 ILCS 5/7-139.5— (a) Persons otherwise required or eligible to participate in the Fund who elect to continue participation in the General Assembly System under Section 2-117.1 may not participate in the Fund for the duration of such continued participation under Section 2-117.1
40 ILCS 5/7-139.6— Transfer of creditable service to Article 8, 9 or 13 fund
40 ILCS 5/7-139.7— (Repealed)
40 ILCS 5/7-139.8— Transfer to Article 14 System
40 ILCS 5/7-139.9— (Repealed)
40 ILCS 5/7-139.10— Transfer to Article 4 pension fund
40 ILCS 5/7-139.11— (Repealed)
40 ILCS 5/7-139.12— Transfer of creditable service to Article 14
40 ILCS 5/7-139.13— (Repealed)
40 ILCS 5/7-139.14— Transfer to Article 3 pension fund
40 ILCS 5/7-141— Retirement annuities; conditions
40 ILCS 5/7-141.1— Early retirement incentive
40 ILCS 5/7-142— Retirement annuities - Amount
40 ILCS 5/7-142.1— Sheriff's law enforcement employees
40 ILCS 5/7-143— Retirement annuities-Reduction
40 ILCS 5/7-144— Retirement annuities; suspended during employment
40 ILCS 5/7-144.2— Incremental retirement annuity
40 ILCS 5/7-144.3— Supplemental benefit payment
40 ILCS 5/7-145— Reversionary annuities
40 ILCS 5/7-145.1— Alternative annuity for county officers
40 ILCS 5/7-145.2— Alternative survivor's benefits for survivors of county officers
40 ILCS 5/7-146— Temporary disability benefits - Eligibility
40 ILCS 5/7-147— Temporary disability benefits - Commencement and duration
40 ILCS 5/7-149— Temporary disability benefits-Periodic checks
40 ILCS 5/7-150— Total and permanent disability benefits - Eligibility
40 ILCS 5/7-151— Total and permanent disability benefits - Commencement and duration
40 ILCS 5/7-152— Disability benefits - Amount
40 ILCS 5/7-153— Total and permanent disability benefits; periodic checks
40 ILCS 5/7-154— Surviving spouse annuities - Eligibility
40 ILCS 5/7-155— Surviving spouse annuities-commencement
40 ILCS 5/7-156— Surviving spouse annuities - amount
40 ILCS 5/7-157— Surviving spouse annuities - marriage to terminate
40 ILCS 5/7-158— Surviving spouse annuities - Options
40 ILCS 5/7-159— Surviving spouse annuity - refund of survivor credits
40 ILCS 5/7-160— Child annuities-eligibility
40 ILCS 5/7-161— Child annuities-commencement
40 ILCS 5/7-162— Child annuities-amount
40 ILCS 5/7-163— Death benefits-eligibility
40 ILCS 5/7-164— Death benefits - Amount
40 ILCS 5/7-165— Beneficiary annuities
40 ILCS 5/7-166— Separation benefits - eligibility
40 ILCS 5/7-167— Separation benefits - Payment
40 ILCS 5/7-168— Separation benefits - Amount
40 ILCS 5/7-169— Separation benefits; repayments
40 ILCS 5/7-169.1— Repayment of refund obtained from superseded funds
40 ILCS 5/7-170— Federal Social Security coverage
40 ILCS 5/7-171— Finance; taxes
40 ILCS 5/7-172— Contributions by participating municipalities and participating instrumentalities
40 ILCS 5/7-172.1— Actions to enforce payments by municipalities and instrumentalities
40 ILCS 5/7-172.2— In addition to the payments otherwise required by this Article, each participating municipality and each participating instrumentality shall make payment of Social Security contributions and medicare taxes in the amounts and in the manner provided by law
40 ILCS 5/7-173— Contributions by employees
40 ILCS 5/7-173.1— Additional contribution by sheriff's law enforcement employees
40 ILCS 5/7-173.2— Pickup of employee contributions
40 ILCS 5/7-174— Board created
40 ILCS 5/7-174.5— Leaves of absence for trustees
40 ILCS 5/7-175— Board elections
40 ILCS 5/7-175.1— Election of employee and annuitant trustees
40 ILCS 5/7-176— Board officers
40 ILCS 5/7-177— Board meetings
40 ILCS 5/7-178— Board powers and duties
40 ILCS 5/7-179— To authorize and suspend annuities
40 ILCS 5/7-180— To prepare and approve budget
40 ILCS 5/7-181— To subpoena witnesses
40 ILCS 5/7-182— To authorize municipality contribution rates and adopt actuarial tables and interest rates
40 ILCS 5/7-183— To request information
40 ILCS 5/7-184— To determine prior service
40 ILCS 5/7-185— To establish offices
40 ILCS 5/7-186— To appoint executive director
40 ILCS 5/7-187— To appoint actuary
40 ILCS 5/7-188— To appoint investment counsel
40 ILCS 5/7-189— To obtain additional services
40 ILCS 5/7-190— To fix compensation of employees
40 ILCS 5/7-191— To have accounts audited
40 ILCS 5/7-192— To submit annual statements
40 ILCS 5/7-193— To provide individual statements
40 ILCS 5/7-194— To accept gifts
40 ILCS 5/7-195— To make investments
40 ILCS 5/7-195.1— To establish and maintain a revolving account
40 ILCS 5/7-196— To keep data
40 ILCS 5/7-197— To keep permanent records
40 ILCS 5/7-197.1— To reproduce records
40 ILCS 5/7-198— To make rules
40 ILCS 5/7-199— To appoint committees
40 ILCS 5/7-199.1— To administer a joint group accident and health insurance program in accordance with this Section
40 ILCS 5/7-199.2— To determine unfunded liability
40 ILCS 5/7-199.3— To establish and administer deferred compensation and tax-deferred annuity programs for units of local government
40 ILCS 5/7-200— To carry on other duties
40 ILCS 5/7-201— The assets of the fund in excess of the amount of cash required for current operation as determined by the board shall be invested, subject to the requirements and restrictions set forth in Sections 1-109, 1-109.1, 1-109.2, 1-110, 1-111, 1-114 and 1-115 of this Code
40 ILCS 5/7-201.1— Participation in commingled investment funds-Transfer of investment functions and securities
40 ILCS 5/7-202— Accounts
40 ILCS 5/7-203— Employee reserves
40 ILCS 5/7-204— Municipality reserves
40 ILCS 5/7-205— Reserves for annuities
40 ILCS 5/7-205.1— Reserves for Disability Benefits
40 ILCS 5/7-206— Death Reserve
40 ILCS 5/7-207.1— Reserve For Variation In Benefit Payments
40 ILCS 5/7-208— Earnings and experience variation reserve
40 ILCS 5/7-209— Earnings and Interest
40 ILCS 5/7-210— Funds
40 ILCS 5/7-211— Authorizations
40 ILCS 5/7-212— Executive director
40 ILCS 5/7-213— Actuary
40 ILCS 5/7-214— Custodian
40 ILCS 5/7-215— Retirement Systems Reciprocal Act
40 ILCS 5/7-217— Payment of benefits and assignments
40 ILCS 5/7-218— Compulsory retirement
40 ILCS 5/7-219— Felony conviction
40 ILCS 5/7-220— Administrative review
40 ILCS 5/7-221— General provisions and savings clause
40 ILCS 5/7-222— Reduction of disability and survivor's benefits on account of corresponding benefits payable under the Workers' Compensation Act and the Workers' Occupational Diseases Act
40 ILCS 5/7-223— The amendments to Sections 7-137, 7-146, 7-147, 7-150 and 7-151 of this Article (relating to attainment of age 70) made by this amendatory Act of 1989 shall be retroactive to January 1, 1987
40 ILCS 5/7-224— Section 415 limitations
40 ILCS 5/7-225— Increases in earnings; pension impact statement