SB3914 - 104th General Assembly (2025-2026)

PEN CD/GROUP INS-SURS SMP
Last Action
2/06/2026 - Senate: Referred to Assignments
Senate Sponsors
Sen. David Koehler
Statutes Amended In Order of Appearance
5 ILCS 375/3  from Ch. 127, par. 523
40 ILCS 5/15-132.2  
Synopsis As Introduced
Amends the State Employees Group Insurance Act of 1971. Adds to the definition of "community college benefit recipient" a person who is receiving retirement income from a self-managed plan account under the State Universities Article of the Illinois Pension Code and who meets other requirements. Amends the State Universities Article of the Illinois Pension Code. In the definition of "retire" and "retirement", provides that a participant in the self-managed plan retires, and the participant's retirement begins, when the participant is eligible for retirement under the Article, and the Retirement System Reciprocal Act (Article 20 of the Code) if applicable, and the participant begins receiving retirement income from the participant's self-managed plan account.
Actions
DateChamberAction
2/06/2026SenateFiled with Secretary by Sen. David Koehler
2/06/2026SenateFirst Reading
2/06/2026SenateReferred to Assignments