91st General Assembly
Summary of SB0097
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Senate Sponsors:
DILLARD, CLAYBORNE AND LAUZEN.

Short description: 
PENCD-DNST TCHR-PRIVATE SCHOOL                                             

Synopsis of Bill as introduced:
        Amends the Downstate Teacher Article of the 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 impact of SB 97 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 credit.                                          
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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