92nd General Assembly
Summary of SB0380
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Senate Sponsors:

Short description: 
PEN CD-DNST TCHR-BUY CREDITS                                               

Synopsis of Bill as introduced:
        Amends the Downstate Teacher  Article  of  the  Illinois  Pension      
   Code.   Allows  purchase  of service credit for up to 2 years prior to      
   July 1, 1983 during which the applicant was not employed as a  teacher      
   and  during which the applicant was pregnant, adopting a child under 3      
   years of age, or engaged in the care of a  natural  or  adopted  child      
   under  3  years of age.  Requires a subsequent return to service of at      
   least one year.  Effective immediately.                                     
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 380 cannot be determined as the number       
          of women who will purchase the credit is unknown. However, the       
          System estimates that the contributions for those purchasing         
          credit will cover 50%-60% of the actuarial cost.                     
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

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


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