Bill Text: IL HB3952 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Makes appropriations for the ordinary and contingent expenses of the State Employees' Retirement System for the fiscal year beginning July 1, 2025, as follows: General Funds.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-02-21 - Filed with the Clerk by Rep. Robyn Gabel [HB3952 Detail]
Download: Illinois-2025-HB3952-Introduced.html
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1 | AN ACT concerning appropriations.
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2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||
3 | represented in the General Assembly:
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4 | ARTICLE 1 | |||||||||||||||
5 | Section 5. The following named amounts, or so much thereof | |||||||||||||||
6 | as may be necessary, respectively, are appropriated from the | |||||||||||||||
7 | General Revenue Fund for the objects and purposes hereinafter | |||||||||||||||
8 | named to meet the ordinary and contingent expenses of the | |||||||||||||||
9 | State Employees' Retirement System of Illinois: | |||||||||||||||
10 | SOCIAL SECURITY DIVISION | |||||||||||||||
11 | For Operational Expenses ............................. 27,400 | |||||||||||||||
12 | CENTRAL OFFICE | |||||||||||||||
13 | For Employee Retirement Contributions | |||||||||||||||
14 | Paid by Employer for Prior Fiscal Years ............. 10,000
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15 | ARTICLE 2 | |||||||||||||||
16 | Section 5. The sum of $1,792,315,020, or so much thereof | |||||||||||||||
17 | as may be necessary, is appropriated from the General Revenue | |||||||||||||||
18 | Fund to the State Employees' Retirement System of Illinois for | |||||||||||||||
19 | the State's contribution, as provided by law.
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20 | Section 10. The sum of $151,882,000, or so much thereof as |
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1 | may be necessary, is appropriated from the General Revenue | ||||||
2 | Fund to the Judges Retirement System of Illinois for the | ||||||
3 | State's contribution, as provided by law.
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4 | Section 15. The sum of $26,501,000, or so much thereof as | ||||||
5 | may be necessary, is appropriated from the General Revenue | ||||||
6 | Fund to the General Assembly Retirement System for the State's | ||||||
7 | contribution, as provided by law.
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8 | Section 20. The sum of $4,000,000, or so much thereof as | ||||||
9 | may be necessary, is appropriated from the General Revenue | ||||||
10 | Fund to the State Employees' Retirement System of Illinois for | ||||||
11 | additional State contributions associated with adjustments to | ||||||
12 | the earnings limitation specified in subsection (b-5) of | ||||||
13 | Section 1-160 of the Illinois Pension Code.
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14 | Section 99. Effective date. This Act takes effect July 1, | ||||||
15 | 2025. |