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 1605

Climate Change Risk Minimization Policy

HB 1605 amends the General Provisions Article of the Illinois Pension Code to require every pension fund (except for downstate police and firefighters’ pension funds) to develop a climate change risk minimization policy by December 31, 2020.

HB 1605 requires the climate change risk minimization policy to consider the financial risk to the investments held by the pension fund in the...

HB 1625

Voluntary Tier III Plan + Opt-Out + No Credit for Unused Vacation/Sick Leave

HB 1625 amends multiple articles of the Illinois Pension Code to create a voluntary Tier III plan for Tier I and Tier II members under the General Assembly Retirement System, State Employees’ Retirement System, State Universities Retirement System, Teachers’ Retirement System, and Judges’ Retirement System.

HB 1625 requires SURS to prepare and implement a Tier III plan by July 1, 2020...

HB 2029

Vested Inactive Buyout – Health Insurance Preservation

HB 2029 amends the State Employees Group Insurance Act of 1971 to ensure that members who take the Vested Inactive Buyout under the State Employees’ Retirement System (SERS), State Universities Retirement System (SURS), and Teachers’ Retirement System (TRS) preserve any applicable retiree and survivor health insurance benefits upon receipt of the buyout payment.

Public Act 100-0587...

HB 2054

Hydraulic Fracturing Tax Revenues Fund Pensions

HB 2054 amends the Illinois Hydraulic Fracturing Tax Act to require all moneys received by the Illinois Department of Revenue under the Act to be used only for the payment of pension obligations of the state of Illinois.

HB 2054 takes effect immediately upon becoming law.

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...

HB 2101

Racial Bias, Discrimination, and Harassment Omnibus

HB 2101amends the State Officials and Employees Ethics Act. It establishes that all persons have a right to work in an environment free from racial discrimination and harassment. All persons subject to the Act are prohibited from racially discriminating against or harassing any person, regardless of any employment relationship or lack thereof. Any person who violates the prohibition on...

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...

HB 2394

New Revenues Fund State Pension Obligations

HB 2394 amends the State Budget Law of the Civil Administrative Code of Illinois to require the state to allocate any new and additional revenue sources to fund its pension obligations.

Specifically, HB 2394 requires the state of Illinois to allocate any new and additional revenue sources that exceed the fiscal year 2019 revenue forecasts reported by the Commission on Government...

HB 2440

SURS Technical Corrections Bill

HB 2440 is an initiative of SURS that makes three technical changes under Article 15 of the Illinois Pension Code.

First, HB 2440 amends the definition of an “employee” under Section 15-107 to mirror a change to the definition of an “employer” under Section 15-106 by Public Act 100-0611 (which allowed certain legacy employees within the newly created Department of Innovation and...

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