Ill. Admin. Code tit. 80 § 1650.335

Current through Register Vol. 48, No. 52, December 27, 2024

Section 1650.335 - Unreported Regular Service Credit and Earnings

If an employer fails to report a member's regular service credit and earnings for a period of teaching and, at the time of the discovery of the error, more than four fiscal years have elapsed since the fiscal year in which the error occurred, the member will be required to:

a) provide sufficient documentation (e.g., official school records) to establish the unreported service credit and earnings; and

b) pay the contributions required by Section 16-128(a)(i) and (iii) of the Illinois Pension Code to purchase optional service credit under Section 16-127(b)(2) of the Code.

Ill. Admin. Code tit. 80, § 1650.335

Added at 29 Ill. Reg. 13244, effective August 9, 2005