The Chicago Tribune story about ex-Penn State football coach Jerry Sandusky seeking to have his $4,900 a month pension reinstated brought to mind the question of Greg Pyle’s pension status.
Sandusky wants it for his wife.
Sandusky’s sex crimes against young men were related to his state job.
So far, Pyle’s guilty adjudication does not.
His crimes affect only his family.
Pyle is a member of the Sheriff’s Law Enforcement Personnel (SLEP) plan Tier 1.
Members must be at least age 50 and have at least 20 years of SLEP service credit to qualify for a SLEP pension.
Pyle is 38.
He worked for the Sheriff’s Department for ten years.
According to the Illinois Municipal Retirement Fund, here’s how the pension would be calculated:
The amount of the benefit is based on the retiree’s Final Rate of Earnings (FRE) and his or her years of IMRF service credit. The SLEP pension formula is 2.5% of the FRE for each year of service credit. So a SLEP retiree with 20 years of service credit would receive a pension equal to 50% of his or her FRE.
Pyle availed himself of a Federal Public Defender.
However, Pyle withdrew his contributions in April of last year.
“At the time he took a refund, Mr. Pyle had 10 years and 6 months of IMRF service credit, which were forfeited with his refund,” IMRF writes.
“Mr. Pyle received a refund of $55,373.49, which was the amount he paid in member contributions only (IMRF refunds do not include interest or any employer contributions).
“Because the refund terminated all of Mr. Pyle’s service credit in the system, he is not currently a member of the system nor is he eligible to receive any benefit from IMRF.
“In order to reestablish his service, he would need to return to participation in IMRF or a reciprocal pension system for at least two years and then repay the refund, plus interest.”