Signed into LawFiled Feb 6, 2026
Sponsor: Steve McClure (R)
Latest Action
Public Act . . . . . . . . . 104-0749
Jul 31, 2026
Summary
The bill changes the interest calculation for contributions that former private‑school teachers or administrators must pay to receive pension service credit. It applies to those who worked at private schools recognized by the Illinois State Board of Education. By using regular interest, the cost to obtain credit may be lower and the formula simpler.
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