SB4010 - 104th General Assembly (2025-2026)

PEN CD-TRS-SERVICE CREDIT
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Steve McClure
Statutes Amended In Order of Appearance
40 ILCS 5/16-128  from Ch. 108 1/2, par. 16-128
Synopsis As Introduced
Amends the Downstate Teacher Article of the Illinois Pension Code. In a provision concerning the contribution required to establish service credit for certain service as a teacher or administrator employed by a private school recognized by the Illinois State Board of Education, changes the amount of the interest payment required to establish that service credit from interest at the actuarially assumed rate to regular interest.
Actions
DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. Steve McClure
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments