MCCARTHY. 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 employment by a recognized private school. Requires payment of a contribution plus interest. Limits the amount of credit that may be purchased to 10 years or 40% of the applicant's creditable service at the time of application, whichever is less. Effective immediately. PENSION NOTE (Pension Laws Commission) Fiscal impact cannot be determined. 99-02-11 H FIRST READING 99-02-11 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-17 H ASSIGNED TO COMMITTEE PERS PENSION 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-03-15 H PENSION NOTE FILED 99-03-15 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary