summary
Introduced
02/04/2025
02/04/2025
In Committee
02/04/2025
02/04/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date of the amendatory Act and provides that, beginning on that date, the System shall not accept any new participants. Makes related changes. Effective immediately.
AI Summary
This bill amends the Illinois Pension Code to restrict participation in the General Assembly Retirement System (GARS), a pension system for state legislators and certain elected officials. Specifically, the bill limits membership to individuals who became participants before the effective date of the amendment, effectively closing the system to new members. The changes impact three key sections of the pension code by adding language that explicitly states the system will not accept any new participants moving forward. Under this bill, current members of the General Assembly, including those who have served in elected state offices like Governor, Lieutenant Governor, Secretary of State, Treasurer, Comptroller, and Attorney General, can retain their existing pension benefits. Additionally, individuals who have served for 10 or more years in specific legislative support roles (such as Clerk or Assistant Clerk of the House, or Secretary or Assistant Secretary of the Senate) who previously had the option to join the system will no longer be able to do so. The bill aims to limit the future growth and financial obligations of the General Assembly Retirement System by preventing new participants from entering the pension plan.
Sponsors (2)
Last Action
Added as Co-Sponsor Sen. Sally J. Turner (on 02/24/2025)
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1631&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
BillText | https://www.ilga.gov/legislation/104/SB/10400SB1631.htm |
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