|
Lisle Police Pension Fund
Pension Fund Home Page
Your Local Pension Board
Overview Regular Service
Benefits Disability Benefits
Survivor Benefits
Employee Contributions and Taxation
Credible Service
Portability / Transfer of Pension Credit
Self Managed Plan Applications / Forms
PENSIONS PAID TO SURVIVORS
Pensions are payable to the surviving spouse of a
retiree or active employee (or in some circumstances payable to children age 18
or less or legally dependent parents when there is no surviving spouse) as
described below. Note that there is no minimum age requirement for a survivor
pension.
Spouse Surviving a Service or
Disability Pension Recipient.
When an officer who is receiving a pension dies, the
surviving spouse is entitled to receive the pension that the officer was then
receiving at the time of death. If the retired officer was not yet 50 years
old at the time of death, the survivor is entitled to the pension that the
officer would have received upon attaining age 50.
Spouse Surviving an Active Police
Officer / Death Not in the Line-of-Duty.
Upon the death of an active officer who has earned at
least 20 years of creditable service, the survivor will receive a pension equal
to the amount that the officer had earned by virtue of his or her years of
service. For example, the spouse of an officer who died after 22 years of
service would receive a pension of 55% of salary.
Upon the death of an officer having at
least 10 years but less than 20 years of service, a pension of 50% of salary is
payable.
Upon the death of an officer having less
than 10 years of service, no pension is payable. The estate of the officer is
entitled to a refund of the officer’s pension contributions to the Fund.
Spouse Surviving an Active Police
Officer / Line-of-Duty Death.
Upon the death of an active officer who dies as a
result of sickness, accident or injury incurred and resulting from the
performance of an act of duty on or after January 1, 2002, who without having
begun to receive either a retirement pension or disability pension, is entitled
to 100% of salary attached to the rank held by the deceased police officer on
the last date of service.
Increases in Survivor Pensions.
The law does not provide for an annual increase to the
pension received by a survivor. However, from time to time, the Illinois
General Assembly and Governor may approve legislation to increase the minimum
pension paid to survivors.
NOTE:
Officers killed in the line of duty are eligible for
many additional benefits thru
both federal and state sources. These
benefits range from cash payments to free college tuition for your children.
In fact, it's quite lucrative to get killed in the line of duty, unfortunately
you won't be around to enjoy the money.
| 
Lisle
Police Association