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SB4010 • 2026
PEN CD-TRS-SERVICE CREDIT
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.
PEN CD-TRS-SERVICE CREDIT
Sent to the Governor
Third Reading - Short Debate - Passed 096-000-000
Passed Both Houses
Added Alternate Co-Sponsor Rep. Dave Severin
Added Alternate Co-Sponsor Rep. Jason R. Bunting
Added Alternate Co-Sponsor Rep. Christopher "C.D." Davidsmeyer
Added Alternate Co-Sponsor Rep. Joyce Mason
Added Alternate Co-Sponsor Rep. Gregg Johnson
Added Alternate Co-Sponsor Rep. Amy Elik
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Do Pass / Short Debate Personnel & Pensions Committee ; 011-000-000
Placed on Calendar 2nd Reading - Short Debate
Added Alternate Co-Sponsor Rep. Michael J. Kelly
Added Alternate Co-Sponsor Rep. Mary Gill
Added Alternate Co-Sponsor Rep. Kyle Moore
Added Alternate Co-Sponsor Rep. Rick Ryan
Pension Note Filed
Added Alternate Chief Co-Sponsor Rep. Anthony DeLuca
Assigned to Personnel & Pensions Committee
Added Alternate Chief Co-Sponsor Rep. Jeff Keicher
Added Alternate Chief Co-Sponsor Rep. Kevin Schmidt
Added Alternate Chief Co-Sponsor Rep. Katie Stuart
Added Alternate Co-Sponsor Rep. Jennifer Sanalitro
Added Alternate Co-Sponsor Rep. Jackie Haas
Arrived in House
Chief House Sponsor Rep. Patrick Sheehan
First Reading
Referred to Rules Committee
Third Reading - Passed; 055-002-000
Added as Co-Sponsor Sen. Darby A. Hills
Added as Co-Sponsor Sen. Donald P. DeWitte
Added as Co-Sponsor Sen. Dale Fowler
Added as Chief Co-Sponsor Sen. Terri Bryant
Added as Co-Sponsor Sen. Sally J. Turner
Added as Co-Sponsor Sen. Erica Harriss
Placed on Calendar Order of 3rd Reading ** April 15, 2026
Second Reading
Placed on Calendar Order of 3rd Reading March 10, 2026
Do Pass Pensions ; 007-000-000
Placed on Calendar Order of 2nd Reading March 5, 2026
Assigned to Pensions
Filed with Secretary by Sen. Steve McClure
First Reading
Referred to Assignments
PEN CD-TRS-SERVICE CREDIT
Illinois General Assembly - Full Text of SB4010 Select Language × The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein. Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet. The English language version is always the official and authoritative version of this website. NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window. 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Full Text of SB4010 Home Legislation Full Text SB4010 - 104th General Assembly Bill Status Full Text Votes Witness Slips Select Menu Bill Status Full Text Votes Witness Slips Printer Friendly Version Introduced Engrossed Enrolled Printer Friendly Version Introduced Engrossed Enrolled Open PDF SB4010 Enrolled LRB104 18687 RPS 32130 b 1 AN ACT concerning public employee benefits. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 Section 5. The Illinois Pension Code is amended by 5 changing Section 16-128 as follows: 6 (40 ILCS 5/16-128) (from Ch. 108 1/2, par. 16-128) 7 Sec. 16-128. Creditable service; required service - 8 required contributions. 9 (a) In order to receive the creditable service specified 10 under subsection (b) of Section 16-127, a member is required 11 to make the following contributions: (i) an amount equal to 12 the contributions which would have been required had such 13 service been rendered as a member under this System; (ii) for 14 military service not immediately following employment and for 15 service established under subdivision (b)(10) of Section 16 16-127, an amount determined by the Board to be equal to the 17 employer's normal cost of the benefits accrued for such 18 service; and (iii) interest from the date the contributions 19 would have been due (or, in the case of a person establishing 20 credit for military service under subdivision (b)(3) of 21 Section 16-127, the date of first membership in the System, if 22 that date is later) to the date of payment, at the following 23 rate of interest, compounded annually: for periods prior to SB4010 Enrolled - 2 - LRB104 18687 RPS 32130 b 1 July 1, 1965, regular interest; from July 1, 1965 to June 30, 2 1977, 4% per year; on and after July 1, 1977, regular interest. 3 (b) In order to receive creditable service under paragraph 4 (2) of subsection (b) of Section 16-127 for those who were not 5 members on June 30, 1963, the minimum required contribution 6 shall be $420 per year of service together with interest at 4% 7 per year compounded annually from July 1, preceding the date 8 of membership until June 30, 1977 and at regular interest 9 compounded annually thereafter to the date of payment. 10 (c) In determining the contribution required in order to 11 receive creditable service under paragraph (3) of subsection 12 (b) of Section 16-127, the salary rate for the remainder of the 13 school term in which a member enters military service shall be 14 assumed to be equal to the member's salary rate at the time of 15 entering military service. However, for military service not 16 immediately following employment, the salary rate on the last 17 date as a participating teacher prior to such military 18 service, or on the first date as a participating teacher after 19 such military service, whichever is greater, shall be assumed 20 to be equal to the member's salary rate at the time of entering 21 military service. For each school term thereafter, the 22 member's salary rate shall be assumed to be 5% higher than the 23 salary rate in the previous school term. 24 (d) In determining the contribution required in order to 25 receive creditable service under paragraph (5) of subsection 26 (b) of Section 16-127, a member's salary rate during the SB4010 Enrolled - 3 - LRB104 18687 RPS 32130 b 1 period for which credit is being established shall be assumed 2 to be equal to the member's last salary rate immediately 3 preceding that period. 4 (d-5) For each year of service credit to be established 5 under subsection (b-1) of Section 16-127, a member is required 6 to contribute to the System (i) the employee and employer 7 contribution that would have been required had such service 8 been rendered as a member based on the annual salary rate 9 during the first year of full-time employment as a teacher 10 under this Article following the private or parochial school 11 service, plus (ii) regular interest thereon at the actuarially 12 assumed rate from the date of first full-time employment as a 13 teacher under this Article following the private or parochial 14 school service to the date of payment, compounded annually, at 15 a rate determined by the Board. 16 (d-10) For service credit established under paragraph (6) 17 of subsection (b) of Section 16-127 for days granted by an 18 employer in excess of the member's normal annual sick leave 19 allotment, the employer is required to pay the normal cost of 20 benefits based upon such service credit. This subsection 21 (d-10) does not apply to sick leave granted to teachers under 22 contracts or collective bargaining agreements entered into, 23 amended, or renewed before June 1, 2005 (the effective date of 24 Public Act 94-4). The employer contributions required under 25 this subsection (d-10) shall be paid in the form of a lump sum 26 within 30 days after receipt of the bill after the teacher SB4010 Enrolled - 4 - LRB104 18687 RPS 32130 b 1 begins receiving benefits under this Article. 2 (e) Except for contributions under subsection (d-10), the 3 contributions required under this Section may be made from the 4 date the statement for such creditable service is issued until 5 retirement date. All such required contributions must be made 6 before any retirement annuity is granted. 7 (Source: P.A. 96-546, eff. 8-17-09.) Footer Disclaimer This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. 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