SB 3956 Illinois Senate · 102nd Regular Session

PEN CD-OPTIONAL BENEFIT PLAN

Summary
Amends the General Provisions Article of the Illinois Pension Code. Provides that the State Employees' Retirement System of Illinois, the State Universities Retirement System, and the Teachers' Retirement System of the State of Illinois shall establish an implementation date of no later than July 1, 2023 for specified benefits for Tier 2 members who elect to receive those benefits and persons who first become members on or after the implementation date and meet other criteria.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2022 Last action Jan 10, 2023
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Total actions
5
Key actions
0
Committee
1
Jan 21, 2022
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor

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