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Full Text of SB3054
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SB3054 - 104th General Assembly
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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
SB3054
Introduced 1/28/2026, by Sen. Neil Anderson
SYNOPSIS AS INTRODUCED:
40 ILCS 5/2-101
from Ch. 108 1/2, par. 2-101
40 ILCS 5/2-105
from Ch. 108 1/2, par. 2-105
40 ILCS 5/2-107
from Ch. 108 1/2, par. 2-107
Amends the General Assembly Article of the Illinois Pension Code.
Restricts participation in the General Assembly Retirement System to
persons who became participants before the effective date of the
amendatory Act and provides that, beginning on that date, the System shall
not accept any new participants. Makes related changes. Effective
immediately.
LRB104 20337 RPS 33788 b
A BILL FOR
SB3054
LRB104 20337 RPS 33788 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
5
changing Sections 2-101, 2-105, and 2-107 as follows:
6
(40 ILCS 5/2-101)
(from Ch. 108 1/2, par. 2-101)
7
Sec. 2-101.
Creation of system.
A retirement system is
8
created to provide retirement annuities, survivor's annuities
9
and other benefits for
certain
members of the General
10
Assembly, certain elected state officials
,
and their
11
beneficiaries.
12
The system shall be known as the "General Assembly
13
Retirement System". All its funds and property shall be a
14
trust separate from all other entities, maintained for the
15
purpose of securing payment of annuities and benefits under
16
this Article.
17
Participation in the retirement system created under this
18
Article is restricted to persons who became participants
19
before the effective date of this amendatory Act of the 104th
20
General Assembly. Beginning on that date, the System shall not
21
accept any new participants.
22
(Source: P.A. 83-1440.)
SB3054
- 2 -
LRB104 20337 RPS 33788 b
1
(40 ILCS 5/2-105)
(from Ch. 108 1/2, par. 2-105)
2
Sec. 2-105.
Member.
"Member": Members of the General
3
Assembly of this State
,
including persons who enter military
4
service while a member of the General Assembly
,
and any person
5
serving as Governor, Lieutenant Governor, Secretary of State,
6
Treasurer, Comptroller, or Attorney General for the period of
7
service in such office.
8
Any person who has served for 10 or more years as Clerk or
9
Assistant Clerk of the House of Representatives, Secretary or
10
Assistant Secretary of the Senate, or any combination thereof,
11
may elect to become a member of this system while thenceforth
12
engaged in such service by filing a written election with the
13
board. Any person so electing shall be deemed an active member
14
of the General Assembly for the purpose of validating and
15
transferring any service credits earned under any of the funds
16
and systems established under Articles 3 through 18 of this
17
Code.
18
However, notwithstanding any other provision of this
19
Article, a person shall not be deemed a member for the purposes
20
of this Article unless he or she became a participant of the
21
System before the effective date of this amendatory Act of the
22
104th General Assembly.
23
(Source: P.A. 85-1008.)
24
(40 ILCS 5/2-107)
(from Ch. 108 1/2, par. 2-107)
25
Sec. 2-107.
Participant.
"Participant": Any member who
SB3054
- 3 -
LRB104 20337 RPS 33788 b
1
elects to participate; and any former member who elects to
2
continue participation under Section 2-117.1, for the duration
3
of such continued participation.
However, notwithstanding any
4
other provision of this Article, a person shall not be deemed a
5
participant for the purposes of this Article unless he or she
6
became a participant of the System before the effective date
7
of this amendatory Act of the 104th General Assembly.
8
(Source: P.A. 86-1488.)
9
Section 99.
Effective date.
This Act takes effect upon
10
becoming law.
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