summary
Introduced
02/02/2026
02/02/2026
In Committee
02/02/2026
02/02/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the General Provisions and State Employee Articles of the Illinois Pension Code. Provides that the alternative retirement annuity under the State Employee Article applies to a security employee of the Department of Human Services subject to the Tier 2 provisions. Provides that a security employee of the Department of Human Services subject to the Tier 2 provisions may convert up to 8 years of service credit established before the effective date of the amendatory Act as a security employee of the Department of Human Services under the State Employee Article into eligible creditable service by filing a written election with the Board under that Article, accompanied by a specified payment. Excludes a benefit increase resulting from the amendatory Act from the definition of "new benefit increase". Effective immediately.
AI Summary
This bill amends the Illinois Pension Code to allow security employees of the Department of Human Services (DHS) who are subject to Tier 2 retirement provisions to convert up to 8 years of their prior service credit as a DHS security employee into eligible creditable service for their retirement annuity. To do this, they must file a written election with the retirement board and make a specified payment. The bill also clarifies that any benefit increase resulting from this change will not be considered a "new benefit increase" for the purpose of certain pension code provisions related to funding and expiration of benefits. This change is effective immediately upon becoming law.
Sponsors (1)
Last Action
Referred to Assignments (on 02/02/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...