IllinoisSB0002104th General Assembly (2025–2026)Senate

PEN CD-TIER 2 BENEFITS

Sponsored By: Robert F. Martwick

In Committee

Summary

Amends the Illinois Pension Code. Makes changes to Tier 2 benefits, including changing the amount of the automatic annual increase to 3% of the originally granted retirement annuity or 3% of the retirement annuity then being paid for the General Assembly and Judges Articles, changing the limit on the amount of salary for annuity purposes to the Social Security wage base, changing the calculation of final average salary to the Tier 1 calculation for persons who are active members on or after January 1, 2026, and changing the retirement age. Establishes an accelerated pension benefit payment option for the General Assembly, Chicago Teachers, and Judges Articles of the Code. Provides that, with regard to persons subject to the Tier 2 provisions, a security employee of the Department of Human Services, a security employee of the Department of Corrections or the Department of Juvenile Justice, an investigator for the Department of the Lottery, or a State highway worker is entitled to an annuity calculated under the alternative retirement annuity provisions of the State Employee Article of the Code. Authorizes the conversion of service to eligible creditable service. 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. Authorizes SLEP status under the Illinois Municipal Retirement Fund for a person who is a county correctional officer or probation officer and for a person who participates in IMRF and qualifies as a firefighter under the Public Safety Employee Benefits Act. In the Downstate Firefighter Article, includes a de facto firefighter in the definition of "firefighter". Defines "de facto firefighter". Provides that the monthly pension of a firefighter who is receiving a disability pension shall be increased at the rate of 3% of the original monthly pension. Makes changes to the minimum retirement annuity payable to a firefighter with 20 or more years of creditable service, the minimum disability pension, and the minimum surviving spouse's pension. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

assignments

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Robert F. Martwick

    Affiliation unavailable

Cosponsors

  • Doris Turner

    Affiliation unavailable

  • Graciela Guzmán

    Affiliation unavailable

  • Karina Villa

    Affiliation unavailable

  • Mark L. Walker

    Affiliation unavailable

  • Mary Edly-Allen

    Affiliation unavailable

  • Mike Simmons

    Affiliation unavailable

  • Rachel Ventura

    Affiliation unavailable

  • Ram Villivalam

    Affiliation unavailable

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Added as Co-Sponsor Sen. Doris Turner

    10/1/2025Senate
  2. Added as Co-Sponsor Sen. Mike Simmons

    7/24/2025Senate
  3. Added as Co-Sponsor Sen. Mary Edly-Allen

    5/1/2025Senate
  4. Added as Co-Sponsor Sen. Ram Villivalam

    4/4/2025Senate
  5. Added as Co-Sponsor Sen. Karina Villa

    4/4/2025Senate
  6. Added as Co-Sponsor Sen. Mark L. Walker

    3/19/2025Senate
  7. Added as Chief Co-Sponsor Sen. Graciela Guzmán

    2/26/2025Senate
  8. Added as Co-Sponsor Sen. Rachel Ventura

    2/11/2025Senate
  9. Referred to Assignments

    1/13/2025Senate
  10. First Reading

    1/13/2025Senate
  11. Filed with Secretary by Sen. Robert F. Martwick

    1/13/2025Senate

Bill Text

Related Bills

Back to State Legislation