# Illinois SB3404: PEN CD-ACCEL BENEFIT PAYMENT Illinois SB3404, PEN CD-ACCEL BENEFIT PAYMENT, is a 104th General Assembly (2025–2026) Senate bill sponsored by Robert F. Martwick (Democratic); status passed senate, last action 2026-05-31 (Rule 19(a) / Re-referred to Rules Committee); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/IL-SB3404-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Illinois SB3404 - State: Illinois - Session: 104th General Assembly (2025–2026) - Title: PEN CD-ACCEL BENEFIT PAYMENT - Status: passed senate - Chamber: Senate - Introduced: 2026-02-04 - Last action: 2026-05-31, Rule 19(a) / Re-referred to Rules Committee - Sponsor: Robert F. Martwick (Democratic) - Cosponsors: 7 - Subjects: assignments, pensions, appropriations-pensions & personnel - Touches household money: yes - Roll calls: 4 (145 yes, 38 no in all) - Economic provisions PRIA read: 0 ## Summary Amends the Downstate Police, Downstate Firefighter, Chicago Police, Chicago Firefighter, Chicago Municipal, Cook County, Cook County Forest Preserve, Chicago Laborers, and Chicago Park District Articles of the Illinois Pension Code. Establishes an accelerated pension benefit payment in lieu of any pension benefit under which an eligible person may elect to receive an amount determined by the Fund to be equal to 60% of the present value of his or her pension benefits in lieu of receiving any pension benefit. Establishes an accelerated pension benefit payment for a reduction in annual retirement annuity and survivor's annuity increases, as applicable, under which a Tier 1 member may elect to receive an accelerated pension benefit payment equal to 70% of the difference of the present value of the automatic annual increases to a Tier 1 member's retirement annuity and survivor's annuity using the formula applicable to the Tier 1 member and the present value of the automatic annual increases to the Tier 1 member's retirement annuity using a specified formula and survivor's annuity using a specified formula. Amends the Counties Code and the Illinois Municipal Code. Requires municipalities and counties with more than 3,000,000 inhabitants to establish an accelerated pension benefit program to implement the accelerated pension benefit payments. Provides that the county or municipality shall remit to the pension funds a contribution, which may be a contribution of zero dollars, that shall constitute the total funding for accelerated pension benefit payments for that fiscal year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. ## Bill overview No economic impacts identified for this bill. ## Sponsors and cosponsors - Sponsor: Robert F. Martwick (Democratic), Senate - Cosponsor: Adriane L. Johnson (Democratic), Senate - Cosponsor: Bob Morgan (Democratic), House - Cosponsor: Chris Balkema (Republican), Senate - Cosponsor: Jil Tracy (Republican), Senate - Cosponsor: Li Arellano, Jr. (Republican), Senate - Cosponsor: Terri Bryant (Republican), Senate - Cosponsor: Travis Weaver (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-05-21 | House | Motion to Suspend Rule 21 - Prevailed | pass | 72 | 38 | | | 2026-05-20 | Senate | Third Reading - Passed; | pass | 58 | 0 | | | 2026-05-06 | Senate | Senate Floor Amendment No. 2 Recommend Do Adopt Pensions; | pass | 8 | 0 | | | 2026-03-11 | Senate | Do Pass Pensions; | pass | 7 | 0 | | ## Actions (40) - 2026-05-31: Rule 19(a) / Re-referred to Rules Committee (House) - 2026-05-27: Senate Floor Amendment No. 2 Fiscal Note Filed as Amended (House) - 2026-05-26: Pension Note Filed (House) - 2026-05-21: Motion to Suspend Rule 21 - Prevailed 072-038-000 (House) - 2026-05-21: Motion Filed to Suspend Rule 21 Appropriations-Pensions & Personnel; Rep. Ann M. Williams (House) - 2026-05-21: Added Alternate Chief Co-Sponsor Rep. Travis Weaver (House) - 2026-05-21: Committee/Final Action Deadline Extended-9(b) May 31, 2026 (House) - 2026-05-21: Assigned to Appropriations-Pensions & Personnel (House) - 2026-05-20: Referred to Rules Committee (House) - 2026-05-20: First Reading (House) - 2026-05-20: Chief House Sponsor Rep. Bob Morgan (House) - 2026-05-20: Arrived in House (House) - 2026-05-20: Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a) (Senate) - 2026-05-20: Third Reading - Passed; 058-000-000 (Senate) - 2026-05-20: Placed on Calendar Order of 3rd Reading (Senate) - 2026-05-20: Senate Floor Amendment No. 2 Adopted; Martwick (Senate) - 2026-05-20: Recalled to Second Reading (Senate) - 2026-05-15: Rule 2-10 Third Reading Deadline Established As May 22, 2026 (Senate) - 2026-05-13: Added as Co-Sponsor Sen. Jil Tracy (Senate) - 2026-05-12: Added as Co-Sponsor Sen. Terri Bryant (Senate) - 2026-05-12: Added as Co-Sponsor Sen. Adriane L. Johnson (Senate) - 2026-05-08: Rule 2-10 Third Reading Deadline Established As May 15, 2026 (Senate) - 2026-05-06: Senate Floor Amendment No. 2 Recommend Do Adopt Pensions; 008-000-000 (Senate) - 2026-04-29: Senate Floor Amendment No. 2 Assignments Refers to Pensions (Senate) - 2026-04-28: Senate Floor Amendment No. 1 Assignments Refers to Pensions (Senate) - 2026-04-28: Senate Floor Amendment No. 2 Referred to Assignments (Senate) - 2026-04-28: Senate Floor Amendment No. 2 Filed with Secretary by Sen. Robert F. Martwick (Senate) - 2026-04-24: Senate Floor Amendment No. 1 Referred to Assignments (Senate) - 2026-04-24: Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick (Senate) - 2026-04-17: Rule 2-10 Third Reading Deadline Established As May 8, 2026 (Senate) - 2026-04-14: Placed on Calendar Order of 3rd Reading April 15, 2026 (Senate) - 2026-04-14: Second Reading (Senate) - 2026-03-11: Placed on Calendar Order of 2nd Reading March 12, 2026 (Senate) - 2026-03-11: Do Pass Pensions; 007-000-000 (Senate) - 2026-03-10: Added as Co-Sponsor Sen. Li Arellano, Jr. (Senate) - 2026-03-04: Added as Co-Sponsor Sen. Chris Balkema (Senate) - 2026-03-03: Assigned to Pensions (Senate) - 2026-02-04: Referred to Assignments (Senate) - 2026-02-04: First Reading (Senate) - 2026-02-04: Filed with Secretary by Sen. Robert F. Martwick (Senate) ## Bill text - Engrossed: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404eng.pdf) - Introduced: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404.pdf) - Senate Amendment 1: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404sam001.pdf) - Senate Amendment 2: [PDF](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404sam002.pdf) ## Related bills - HB5198: AFFORDABLE HOUSING-CILAS (passed house) - SB1937: PENSION CODE-VARIOUS (passed senate) - HB2563: CONDO-RESERVE STUDY (in committee) - HB4701: LIMITATIONS FACILITY FEES ACT (in committee) - SB3008: DHS-ABLE PROGRAM INFO MATERIAL (passed senate) - SB3484: VEH CD-PLATES-REGISTRATION (signed) ## Sources - [Engrossed (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404eng.pdf) - [Introduced (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404.pdf) - [Senate Amendment 1 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404sam001.pdf) - [Senate Amendment 2 (PDF)](https://www.ilga.gov/documents/legislation/104/SB/PDF/10400SB3404sam002.pdf) ## Related - [HB5198: AFFORDABLE HOUSING-CILAS](https://policyrisk.com/state-bill/IL-HB5198-2025-2026) - [SB1937: PENSION CODE-VARIOUS](https://policyrisk.com/state-bill/IL-SB1937-2025-2026) - [HB2563: CONDO-RESERVE STUDY](https://policyrisk.com/state-bill/IL-HB2563-2025-2026) - [HB4701: LIMITATIONS FACILITY FEES ACT](https://policyrisk.com/state-bill/IL-HB4701-2025-2026) - [SB3008: DHS-ABLE PROGRAM INFO MATERIAL](https://policyrisk.com/state-bill/IL-SB3008-2025-2026) - [SB3484: VEH CD-PLATES-REGISTRATION](https://policyrisk.com/state-bill/IL-SB3484-2025-2026) - [Illinois bills](https://policyrisk.com/states/illinois/bills) - [Illinois state hub](https://policyrisk.com/states/illinois) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/IL-SB3404-2025-2026 (as of 2026-11-01).