Date	Chamber	Action
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee

Statutes Amended In Order of Appearance

40 ILCS 5/1-160

40 ILCS 5/1-168 new

40 ILCS 5/3-144.3 new

40 ILCS 5/4-138.15 new

40 ILCS 5/5-240 new

40 ILCS 5/6-232 new

40 ILCS 5/14-110

from Ch. 108 1/2, par. 14-110

40 ILCS 5/14-152.1

40 ILCS 5/17-114

from Ch. 108 1/2, par. 17-114

30 ILCS 805/8.49 new

Synopsis As Introduced
Amends the Illinois Pension Code. Provides that a Tier 2 investigator for the Department of the Lottery is entitled to an annuity under the alternative retirement annuity provisions only if the person has withdrawn from service with not less than 20 years of eligible creditable service and has attained age 55. Authorizes an investigator for the Department of the Lottery to establish eligible creditable service under the alternative retirement annuity provisions. Provides that a specified educational requirement for persons employed by the Department of Juvenile Justice shall no longer determine eligibility to earn eligible creditable service under the alternative retirement annuity provisions and authorizes the conversion of service credit to eligible creditable service. Establishes a deferred retirement option plan for certain police officers, firefighters, sheriff's law enforcement employees, and deputy sheriffs in the Cook County Police Department who are otherwise eligible to retire under which a participant may continue in active service for up to 5 years while having his or her retirement pension paid into a special account. Provides that the election to participate in the deferred retirement option plan must be made before January 1, 2030. Provides that the Retirement Systems Reciprocal Act (Article 20 of the Code) is adopted and made a part of the Downstate Police, Downstate Firefighter, Chicago Police, and Chicago Firefighter Articles. In the Chicago Teacher Article of the Code, makes changes to how days of validated service are computed. Amends the State Mandates Act to require implementation without reimbursement. Makes other changes.

Pension Note (Government Forecasting & Accountability)

HB 2856 mirrors HB 3765, as amended by HA 3, from the 103rd General Assembly. Two separate actuarial studies were conducted for this bill. According to Segal, HB 3765, as amended by HA 3, would increase total State contributions (nominal dollars) through 2045 by $41 million for SERS and $9 million for SURS, resulting in a $50 million increase. A summary chart of the impact of a DROP plan on the cities of Aurora and Rock Falls along with the actuarial study from Segal and actuarial study from Foster & Foster is included in this pension impact note.

Actions 

Date	Chamber	Action
2/5/2025	House	Filed with the Clerk by Rep. Stephanie A. Kifowit
2/6/2025	House	First Reading
2/6/2025	House	Referred to Rules Committee
3/4/2025	House	Assigned to Appropriations-Pensions & Personnel
3/11/2025	House	Pension Note Filed
3/21/2025	House	Rule 19(a) / Re-referred to Rules Committee

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