Legislation

Legislation

Please note: SURS does not endorse specific pension reform legislation. Our goal is to update and educate SURS members concerning legislation that may affect their retirement benefits.

HB 3428

No Investments in For-Contract Companies that Contract to Shelter Migrant Children

HB 3428 amends the General Provisions Article of the Illinois Pension Code to prohibit the state-funded retirement systems from investing in for-profit companies that contract to shelter migrant children. The phrase “contract to shelter migrant children” means entering into a contract with the federal government to shelter migrant children under the federal Unaccompanied Alien Children...

HB 3518

Tier I Automatic Annual Increase Calculation

HB 3518 allows Tier I participants in retirement systems and pension funds (other than police and firefighter pension funds) to irrevocably elect to have automatic annual increases on retirement or supplemental annuities calculated as the annual unadjusted percentage increase in the consumer price index-u, except that no increase can be less than one percent or more than five percent.

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HB 3524

Tier I Offer and Consideration Pension Reform

HB 3524 offers each Tier I member the option to elect lower automatic annual increases on his or her retirement and survivors annuities, in exchange for having future salary increases count towards the calculation of his or her pension benefits, receiving a consideration payment equal to 10 percent of his or her employee contributions made before the election, and paying 10 percent less in...

HB 3718

FY 2020 Governor’s Introduced Budget

HB 3718 appropriates $1,626,692,000 for the state contribution to SURS for FY 2020. Of this amount, $1,426,692,000 comes from the General Revenue Fund and $200,000,000 comes from the State Pensions Fund. The FY 2020 certified state contribution to SURS is $1,854,692,000. HB 3718 appropriates approximately $228,000,000 less than the certified state contribution to SURS for FY 2020.

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HJR 0016

State Sponsored Health Clinic Task Force

HJR 16 resolves by the Illinois House of Representatives, with concurrence of the Illinois Senate, that the state-sponsored Health Clinic Task Force is created to study the possibility of implementing a state of Illinois sponsored health clinic for state employees, dependents, and retirees, with the purpose of providing quality care and annual savings to the state’s overall group insurance...

HJRCA 0014

No State Tax on Retirement Income

HJRCA 14 resolves by the Illinois House of Representatives, with the concurrence of the Illinois Senate, that there must be submitted to the electors of the state for adoption or rejection at the general election next occurring at least six months after adoption of the resolution a proposition to amend Article IX, Section 3 of the Illinois Constitution to prohibit the state taxation of...

HJRCA 0019

Repeal Constitutional Pension and Retirement Rights

HJRCA 19 resolves by the Illinois House of Representatives, with the concurrence of the Illinois Senate, that there must be submitted to the electors of the state for adoption or rejection at the general election next occurring at least six months after adoption of the resolution a proposition to repeal Article XIII, Section 5 of the Illinois Constitution.

Specifically, HJRCA 19 repeals...

HJRCA 0020

Repeal Constitutional Pension and Retirement Rights

HJRCA 20 resolves by the Illinois House of Representatives, with the concurrence of the Illinois Senate, that there must be submitted to the electors of the state for adoption or rejection at the general election next occurring at least six months after adoption of the resolution a proposition to repeal Article XIII, Section 5 of the Illinois Constitution.

Specifically, HJRCA 20 repeals...

HJRCA 0021

Protect Accrued and Payable Pension and Retirement Benefits

HJRCA 21 resolves by the Illinois House of Representatives, with the concurrence of the Illinois Senate, that there must be submitted to the electors of the state for adoption or rejection at the general election next occurring at least six months after adoption of the resolution a proposition to amend Article XIII, Section 5 of the Illinois Constitution to only protect accrued and payable...

HJRCA 0031

No Subsidy or Bailout of GARS

HJRCA 31 resolves by the Illinois House of Representatives, with the concurrence of the Illinois Senate, that there must be submitted to the electors of the state for adoption or rejection at the general election next occurring at least six months after adoption of the resolution a proposition to amend Article VIII of the Illinois Constitution to add Section 5.

Specifically, HJRCA 31...

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