Illinois HB 5246: BICYCLE PEDESTRIAN WAYS

Status: Rule 19(b) / Re-referred to Rules Committee (as of 2020-06-23)

State: Illinois · Session: 101st · Bill: HB 5246

Sponsors: Anna Moeller

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB5246

Introduced 2/10/2026, by Rep. Travis Weaver 

SYNOPSIS AS INTRODUCED:

40 ILCS 5/1-160

40 ILCS 5/16-203

40 ILCS 5/16-204

30 ILCS 805/8.50 new

 Amends the General Provisions and Downstate Teacher Article of the Illinois Pension Code. Provides that a person who first becomes a member on or after the effective date of the amendatory Act who (i) is at least 50 years of age and (ii) does not have any service credit in the System or any other reciprocal System may elect to participate in the defined contribution benefit in lieu of participation in the defined benefit plan under the Article. Provides that the member shall contribute an amount equal to 7.5% of the member's pre-tax salary to the member's defined contribution account. Provides that, in addition, the employer shall contribute 6% of the member's pre-tax salary to the defined contribution account. Provides that a person who participates in the defined contribution plan in lieu of the defined benefit plan may not establish any service credit in the System. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Makes conforming changes. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.

LRB104 16458 RPS 29851 b

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT
MAY APPLY

A BILL FOR

HB5246LRB104 16458 RPS 29851 b

1 AN ACT concerning public employee benefits.

2 Be it enacted by the People of the State of Illinois, 

3represented in the General Assembly:

4 Section 5. The Illinois Pension Code is amended by 

5changing Sections 1-160, 16-203, and 16-204 as follows:

6 (40 ILCS 5

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