Permanent Disability Benefits. Payments for absence in connection with permanent disability are made in accordance with the Illinois Municipal Retirement Fund procedures for those who are eligible.
Permanent Disability Benefits. Benefits for permanent disability are paid in proportion to the medical consequences of the accident. Permanent disability shall be assessed at a level according to the table on degree of injury published by the Disability Assessment Committee and the assessment shall be based on the health status of the injured person once his/her condition has stabilised. Basic disability benefits amount to ISK 18,673,248. Benefits for permanent disability shall be calculated so that 186,732 are payable for each disability level from 1-25 ISK, 373,465 are payable for each disability level from 26-50 ISK, and 746,930 are payable for each disability level from 50-100 ISK. Benefits for 100% permanent disability therefore amount to ISK 51,351,433. Disability benefits shall also take into account the age of the person injured on the day of the accident so that benefits decrease by 2% for every year after the age of 50. After the age of 70, benefits decrease by 5% of the basic amount for each year of age. Age indexing of disability benefits must never result in a reduction of more than 90%.
Permanent Disability Benefits. A member who has 10 or more years of credited service may, upon application or on application of one acting in the member's behalf, or upon application of a responsible official of the municipality, be retired by the Board on a disability allowance (1) if the member is under superannuation retirement age, or on a superannuation age, and (2) if the physician designated by the Board, after medical examination of the member shall certify to the Board the individual is unable to engage in any gainful employment and that said member ought to be retired. When the disability of a member is determined to be service connected as defined in Act 15 of 1974, no minimum period of service shall be required for eligibility. A disability annuity payable from the total disability reserve account which, together with the municipal annuity and the member's annuity, if any, shall be sufficient to produce a retirement allowance of 30% of the member's final salary. Where the disability of the member is determined to be service connected, the disability allowance shall equal 50% of the member's final salary. The disability annuity shall be reduced by the amount of any payments for which the member shall be eligible under the Act of June 2, 1915 (P.L. 736, No. 338), known as the "Pennsylvania Workmen's Compensation Act" or the Act of June 21, 1939 (P.L. 566, No. 284), known as the "Pennsylvania Occupational Disease Act." Any member with 8 or more years of credited service entitled to retire for disability may, in lieu of such retirement, elect to retire not voluntarily under the provisions of Section 5. Should a disability annuitant die before the total disability retirement allowance received equals the amount of the member's accumulated deductions at the time of disability retirement, the Board shall pay to the named beneficiary (if living, or if the named beneficiary predeceased the annuitant, or no beneficiary was named, then to the annuitant's estate) an amount equal to the difference between such total retirement allowance received and the annuitant's accumulated deductions. If such difference is less than $100 and no letters have been taken out on the estate within 6 months after death, such difference may be paid to xxx xxxxxxxxxx or to any person or municipality who or which shall have paid the claim of xxx xxxxxxxxxx.
