Section 40 ILCS 5/14-104.12 - Early termination incentives under the State Finance Act Notwithstanding any other provision of this Article and notwithstanding that they may be payable from a personal services line item, early termination incentives paid under Section 14a.5 of the State Finance Act:
(1) shall not be included in, and do not affect the calculation of, compensation or final average compensation under this Article; (2) do not entitle the recipient to establish any additional service credit under this Article; (3) do not require and shall not result in the payment of any employee or employer contributions under this Article; and (4) have no effect under this Article except to disqualify the recipient from receiving the alternative retirement cancellation payment under Section 14-108.5.Added by P.A. 093-0839, § 10-195, eff. 7/30/2004.