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IL HB5677

IL HB5677
$FY27 SERS OCE


summary

Introduced
02/18/2026
In Committee
02/19/2026
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Makes appropriations for the ordinary and contingent expenses of the State Employees' Retirement System for the fiscal year beginning July 1, 2026, as follows: General Funds $2,018,336,320.

AI Summary

This bill appropriates funds from the General Revenue Fund, which is the state's main operating fund, to cover the ordinary and contingent expenses, meaning the day-to-day operational costs, of several state retirement systems for the fiscal year beginning July 1, 2026. Specifically, it allocates $1,838,482,920 to the State Employees' Retirement System of Illinois for the state's contribution to employee pensions, $154,166,000 to the Judges Retirement System of Illinois for its state contribution, and $25,650,000 to the General Assembly Retirement System for its state contribution, with smaller amounts also designated for operational expenses within the State Employees' Retirement System.

Sponsors (1)

Last Action

Referred to Rules Committee (on 02/19/2026)

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