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IL SB3054

IL SB3054
PEN CD-GARS-LIMIT MEMBERSHIP


summary

Introduced
01/29/2026
In Committee
01/29/2026
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), which provides retirement annuities and other benefits for certain members of the Illinois General Assembly and other elected state officials. Specifically, the bill states that only individuals who became participants in GARS before the effective date of this new law will be allowed to continue their participation, and the system will no longer accept any new participants from that date forward. This change aims to limit future membership in the retirement system.

Sponsors (1)

Last Action

Referred to Assignments (on 01/29/2026)

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