Ill. Admin. Code tit. 80 § 1650.410

Current through Register Vol. 48, No. 45, November 8, 2024

Section 1650.410 - Return of Contributions for Duplicate or Excess Service

a In the event contributions to the System are made in error for service covered by another public employee pension system in Illinois, such contributions shall be returned to the member.

b If a member contributes to the System for optional teaching service, but is unable to claim all of this service at the date of retirement or death because the service is determined to be excess service, then the contributions for such excess service or a portion thereof may upon request be returned to the member or the member's beneficiaries.

1 The term "excess service" shall mean that period of service exceeding the amount of service allowed to be purchased under Section 16-127(b)(2) [40 ILCS 5/16-127(b)(2)] .

2 The return of contributions under subsection (b) shall be limited to the amount attributable to the purchase of optional service under Section 16-127 [40 ILCS 5/16-127] .

3 No interest shall be payable upon the amount returned.

Ill. Admin. Code tit. 80, § 1650.410

Amended at 35 Ill. Reg. 2413, effective January 21, 2011

Amended at 38 Ill. Reg. 21239, effective 10/21/2014