DILLARD-LAUZEN-CLAYBORNE-LUECHTEFELD-MAHAR, WATSON, HAWKINSON, JONES,W, CRONIN, BOMKE, RADOGNO AND PETERSON. 40 ILCS 5/16-127 from Ch. 108 1/2, par. 16-127 40 ILCS 5/16-128 from Ch. 108 1/2, par. 16-128 Amends the Downstate Teacher Article of the Illinois Pension Code. Allows purchase of service credit for up to 3 years of employment by a recognized private school. Requires payment of a contribution plus interest. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of SB97 cannot be determined, as the amount of service credit that would be purchased is unknown. According to TRS, the required contributions fully fund the actuarial cost of the service. JAN-31-2001 S FIRST READING JAN-31-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-01-2001 S ASSIGNED TO COMMITTEE INS & PENS. FEB-02-2001 S ADDED AS A CHIEF CO-SPONSOR LAUZEN FEB-09-2001 S PENSION NOTE FILED AS INTRODUCED FEB-20-2001 S ADDED AS A CHIEF CO-SPONSOR CLAYBORNE MAR-06-2001 S TO SUBCOMMITTEE MAR-06-2001 S COMMITTEE INS & PENS. MAR-07-2001 S ADDED AS A CO-SPONSOR WATSON MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES APR-06-2001 S ADDED AS A CHIEF CO-SPONSOR LUECHTEFELD MAY-08-2001 S ADDED AS A CO-SPONSOR HAWKINSON MAY-08-2001 S ADDED AS A CO-SPONSOR MYERS MAY-08-2001 S ADDED AS A CHIEF CO-SPONSOR MAHAR MAY-08-2001 S ADDED AS A CO-SPONSOR JONES,W MAY-09-2001 S ADDED AS A CO-SPONSOR CRONIN MAY-09-2001 S ADDED AS A CO-SPONSOR BOMKE MAY-10-2001 S ADDED AS A CO-SPONSOR RADOGNO MAY-11-2001 S ADDED AS A CO-SPONSOR PETERSON JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary