PENCD-TRS-PRIVATE SERVICE-CRED

Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that a teacher may establish optional credit for up to one year of service as a teacher or administrator employed by a private school regardless of whether he or she was certified under the law governing the certification of teachers if he or she becomes certified under that law within 2 years after completing the service. Provides that the credit that may be established under the provisions of this amendatory Act of the 93rd General Assembly is in lieu of, and not in addition to, credit that is currently authorized under the Code. Effective immediately.