Latest Date of Membership

Section 1540 Section 1540.210  Latest Date of Membership a)         The term "date he last became a member of the System" as it pertains to the purchase of service credits is the first day of the latest or current period of membership and is not affected by the payment of contributions for any periods of service prior to or following this first day or the repayment of a refund. b)         A member who accepts a retirement annuity and subsequently re-enters membership establishes a new date of membership as of that date, unless he or she repays all annuity payments received as provided for in the statute, in which case his or her previous date of membership is re-established. c)         For a person who, under the provisions of the Retirement Systems Reciprocal Act [40 ILCS 5/Art. 20], repays a refund and pays for any period of service prior to or after the service period of membership for the period of service prior to or after the service period covered by the refund, the latest date of membership shall be the first day of membership for the period covered by the refund.  If more than one refund is paid, it shall be the first day of the period of membership covered by the latest of the membership periods involved.