Title 56 IDES RULES Part 2920
R-193 (05/11)
Example 2: The same situation as that given in the preceding example except that the company fails to notify
the Director within 10 calendar days after notification of the individual's claim for benefits of the individual's
option to receive periodic retirement payments. The company's failure to give such notice results in the
individual's receipt of the lump sum retirement payment being treated as disqualifying only for the week in
which it was paid.
(Source: Amended at 18 Ill. Reg. 4166, effective March 3, 1994)
Section 2920.80 Miscellaneous Forms of Retirement Pay
a) On the basis of the definitions and principles concerning retirement pay set out in Sections 2920.65 and 2920.70, an
individual's receipt of payments from the following sources shall be considered 100% disqualifying income:
1) All profit sharing plans funded entirely by the individual or organization for whom the individual performed
services which constitute retirement pay under Section 2920.65;
2) All Federal military service pensions if the United States military service paid wages to the individual during
his base period;
3) All pensions under the Railroad Retirement Act of 1974 (45 U.S.C. 231-231t) if an organization covered under
that Act paid wages to the individual during his base period.
b) On the basis of the definitions and principles relating to retirement pay set out in Sections 2920.65 and 2920.70, an
individual's receipt of payments from the following sources shall be considered 50% disqualifying income:
1) Social Security retirement pensions and disability payments based on the individual's employment, including
those based on self-employment;
2) Federal civilian employment pensions if the individual was paid for Federal civilian services during his base
period;
3) All State of Illinois or local government retirement or disability pensions if the individual performed services
during his base period for the State of Illinois or the local governmental entity which funded the pension or if
the State of Illinois or the local governmental entity is chargeable, pursuant to Section 1502.1 of the Act,
including an entity which has elected to make payments in lieu of paying contributions, for any benefit
payments made to the individual.
c) On the basis of the definitions and principles concerning retirement pay set out in Sections 2920.65 and 2920.70, an
individual's receipt of payments from the following sources shall not be considered disqualifying income:
1) An independent pension or retirement plan which was fully paid for by the individual;
2) Social Security benefits payable to a surviving spouse or dependent, not attributable to the previous work of the
surviving spouse or dependent;
3) Veterans Administration compensation payments which are not federal military service pensions;
4) Any federal (military service or civilian employment) disability payments if they are not part of a retirement
plan;
5) Payments from Individual Retirement Accounts (IRA) and Keogh Accounts;
6) A pension or retirement plan funded by an individual or organization, including one which has elected to make
payments in lieu of contributions, which is neither chargeable, pursuant to Section 1502.1 of the Act, for any
benefits paid to the individual nor for which the individual performed services during his base period.
(Source: Amended at 13 Ill. Reg. 17402, effective October 30, 1989)
