Bill > HB5682

This bill appropriates funds for the ordinary and contingent expenses of the Teachers' Retirement System of the State of Illinois for the fiscal year beginning July 1, 2026. * $6,593,862,236 from the Common School Fund to the Teachers' Retirement System of the State of Illinois for the State's contribution. * $141,801,757 from the General Revenue Fund to the Teachers' Retirement System of the State of Illinois for deposit into the Teacher Health Insurance Security Fund as the State's contribution for teachers' health insurance. * $351,110,000 from the Common School Fund to the Public School Teachers' Pension and Retirement Fund of Chicago for the State's contribution. * $16,884,000 from the Common School Fund to the Public School Teachers' Pension and Retirement Fund of Chicago for the State's contribution. * $500,000 from the Common School Fund to the Teachers' Retirement System of the State of Illinois for employer contributions for certain teachers. * $200,000 from the Education Assistance Fund to the Teachers' Retirement System of the State of Illinois for additional costs related to minimum retirement allowances.