House Sponsors: MCCARTHY. Short description: PENCD-DNST TCHR-PRIVATE SCHOOL Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status