HB1297 - PEN CD-TRS-OPTIONAL CREDIT

13 Co-Sponsors

Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that a member may establish optional credit for up to 2 years of service as a teacher or administrator employed by a private school recognized by the Illinois State Board of Education, provided that the teacher (i) was certified under the law governing the certification of teachers at the time the service was rendered, (ii) applies in writing on or before June 30, 2028 (instead of June 30, 2023), (iii) supplies satisfactory evidence of the employment, (iv) completes at least 10 years of contributing service as a teacher, and (v) pays the required contribution. Effective immediately.