Illinois Administrative Code
Title 80 - PUBLIC OFFICIALS AND EMPLOYEES
Part 1650 - THE ADMINISTRATION AND OPERATION OF THE TEACHERS' RETIREMENT SYSTEM
Subpart D - MEMBERSHIP AND SERVICE CREDITS
Section 1650.335 - Unreported Regular Service Credit and Earnings
Universal Citation: 80 IL Admin Code ยง 1650.335
Current through Register Vol. 48, No. 38, September 20, 2024
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.
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