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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB5134

Introduced 2/10/2026, by Rep. Stephanie A. Kifowit

SYNOPSIS AS INTRODUCED:

40 ILCS 5/15-177.7 new

Amends the State Universities Article of the Illinois Pension Code.
Provides that "stakeholder" includes any organization that is a nonprofit
organization that represents or serves at least 10% of either participants
or annuitants of the System and whose primary purpose is as a membership
organization serving either participants, annuitants, or both. Provides
that the Board of Trustees of the System shall make an annual report
available to stakeholders that includes a list of: (1) the name of each
annuitant, the annuitant's last employer, and the zip code associated with
the annuitant's address on file; and (2) the name of each active
participant, the participant's current employer, and a zip code associated
with the participant's address on file. Requires the report to be
delivered electronically to stakeholders on August 1 of each year.
LRB104 18618 RPS 32061 b

A BILL FOR

HB5134
LRB104 18618 RPS 32061 b
1

AN ACT concerning public employee benefits.

2

Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:

4

Section 5.
The Illinois Pension Code is amended by adding
5
Section 15-177.7 as follows:

6

(40 ILCS 5/15-177.7 new)
7

Sec. 15-177.7.
Annual report to stakeholders.

8

(a) In this Section, "stakeholder" includes any
9
organization that is a nonprofit organization that represents
10
or serves at least 10% of either participants or annuitants of
11
the System and whose primary purpose is as a membership
12
organization serving either participants, annuitants, or both.
13

(b) The Board shall make an annual report available to
14
stakeholders that includes a list of: (1) the name of each
15
annuitant, the annuitant's last employer, and the zip code
16
associated with the annuitant's address on file; and (2) the
17
name of each active participant, the participant's current
18
employer, and a zip code associated with the participant's
19
address on file. The report shall be delivered electronically
20
to stakeholders on August 1 of each year.

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