IL HB4153

Amends the State Employee Article of the Illinois Pension Code to allow contributing employees to purchase additional service credit for full-time federal government or out-of-state government employment

New provision allows up to 9 years of service credit for federal or out-of-state employment, with a combined cap of 14 years when added to military service credit

Applicants must submit a written application to the State Employees' Retirement System within 6 months of the Act's effective date, with satisfactory documentation of prior employment

Employees must pay employee contributions based on their salary before or after the out-of-state employment (whichever is greater), plus the employer's normal cost for accrued benefits, plus regular interest from the end of employment to payment date

Credit cannot be established for military service or periods already covered under alternative formula provisions, and any pension credit from the prior federal or out-of-state employment must be terminated or relinquished