SB3198 - 104th General Assembly (2025-2026)

PEN CD-SERS-ALTERNATE ANNUITY
Last Action
2/02/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. Terri Bryant
Statutes Amended In Order of Appearance
40 ILCS 5/1-160  
40 ILCS 5/14-110  from Ch. 108 1/2, par. 14-110
40 ILCS 5/14-152.1  
Synopsis As Introduced
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.
Actions
DateChamberAction
2/02/2026SenateFiled with Secretary by Sen. Terri Bryant
2/02/2026SenateFirst Reading
2/02/2026SenateReferred to Assignments