IllinoisLaw sets pension payments for teachers counting eligible private school work
Effective January 1, 2027, the law provides that eligible teachers pay both pension contribution shares and board-set interest to count private or religious school work toward retirement.
What it does
Effective January 1, 2027, the law requires eligible teachers counting private or religious school work toward pensions to pay both contribution shares and annually compounded interest at a board-set rate.
Argument forPayments covering both contribution shares and interest could help fund pension benefits tied to eligible private or religious school work.
Argument againstPaying both contribution shares and annually compounded interest could make counting earlier private or religious school work expensive for eligible teachers.
More detail
Eligible teachers must pay both employee and employer pension contributions, plus regular interest, to count earlier private or religious school work toward retirement. The formula applies to each year of private or religious school work eligible to count toward a pension under Section 16-127(b-1). Contributions use the teacher's annual salary during the first year of full-time teaching covered by this pension section following the private or religious school work. The pension board determines the regular interest rate, which compounds annually. Teachers must complete the required payments before a retirement pension is granted. The law takes effect January 1, 2027. Interest runs from the first full-time teaching job covered by this pension section following the earlier school work until payment.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jul 31Public Act . . . . . . . . . 104-0749Latest
- Jul 31Effective Date January 1, 2027
- Jul 31Governor J. B. Pritzker ApprovedBecame Law
- Jun 18Sent to the GovernorTo Governor
- May 22Added Alternate Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
- Vote recorded Third Reading. Result: pass.Lower
- May 22Added Alternate Co-Sponsor Rep. Jason R. Bunting
- May 22Added Alternate Co-Sponsor Rep. Dave Severin
- May 22Passed Both Houses
- May 22Third Reading - Short Debate - Passed 096-000-000Passed House
- May 21Added Alternate Co-Sponsor Rep. Amy Elik
- May 21Added Alternate Co-Sponsor Rep. Gregg Johnson
- May 21Added Alternate Co-Sponsor Rep. Joyce Mason
- May 19Placed on Calendar Order of 3rd Reading - Short Debate
- May 19Second Reading - Short DebateMinor
- May 7Placed on Calendar 2nd Reading - Short DebateMinor
- Vote recorded Do Pass. Result: pass.Lower
- May 7Do Pass / Short Debate Personnel & Pensions Committee; 011-000-000
- May 6Added Alternate Co-Sponsor Rep. Rick Ryan
- May 6Added Alternate Co-Sponsor Rep. Kyle Moore
- May 6Added Alternate Co-Sponsor Rep. Mary Gill
- May 6Added Alternate Co-Sponsor Rep. Michael J. Kelly
- May 5Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca
- May 5Pension Note Filed
- Apr 27Assigned to Personnel & Pensions CommitteeMinor
- Apr 21Added Alternate Co-Sponsor Rep. Jackie Haas
- Apr 21Added Alternate Co-Sponsor Rep. Jennifer Sanalitro
- Apr 21Added Alternate Chief Co-Sponsor Rep. Katie Stuart
- Apr 21Added Alternate Chief Co-Sponsor Rep. Kevin Schmidt
- Apr 21Added Alternate Chief Co-Sponsor Rep. Jeff Keicher
- Apr 17Referred to Rules Committee
- Apr 17First ReadingMinor
- Apr 17Chief House Sponsor Rep. Patrick Sheehan
- Apr 17Arrived in HouseMinor
- Apr 16Added as Co-Sponsor Sen. Darby A. Hills
- Vote recorded Third Reading. Result: pass.Upper
- Apr 16Third Reading - Passed; 055-002-000Passed Senate
- Apr 15Added as Co-Sponsor Sen. Erica Harriss
- Apr 15Added as Co-Sponsor Sen. Sally J. Turner
- Apr 15Added as Chief Co-Sponsor Sen. Terri Bryant
- Apr 15Added as Co-Sponsor Sen. Dale Fowler
- Apr 15Added as Co-Sponsor Sen. Donald P. DeWitte
- Apr 14Placed on Calendar Order of 3rd Reading ** April 15, 2026
- Mar 5Placed on Calendar Order of 3rd Reading March 10, 2026
- Mar 5Second ReadingMinor
- Mar 4Placed on Calendar Order of 2nd Reading March 5, 2026Minor
- Vote recorded Do Pass. Result: pass.Upper
- Mar 4Do Pass Pensions; 007-000-000
- Feb 24Assigned to PensionsMinor
- Feb 6Referred to Assignments
- Feb 6First ReadingMinor
- Feb 6Filed with Secretary by Sen. Steve McClureIntroduced
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