Illinois HB 2477: PENCD-SURS&DNST POLICE-VARIOUS

Status: Rule 19(a) / Re-referred to Rules Committee (as of 2025-03-21)

State: Illinois · Session: 104th · Bill: HB 2477

Sponsors: Stephanie A. Kifowit

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB2477

Introduced 2/4/2025, by Rep. Stephanie A. Kifowit 

SYNOPSIS AS INTRODUCED:

40 ILCS 5/15-135 from Ch. 108 1/2, par. 15-135

40 ILCS 5/15-198

30 ILCS 805/8.49 new

 Amends the Illinois Pension Code. In the State Universities Article, provides that a Tier 2 member who has at least 20 years of service in the System as a police officer is entitled to a retirement annuity upon written application on or after the attainment of age 55 (instead of age 60) if a specified rule is applicable to the participant. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Amends the State Mandates Act to require implementation without reimbursement.

LRB104 08598 RPS 18650 b

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT
MAY APPLY

A BILL FOR

HB2477LRB104 08598 RPS 18650 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 15-135 and 15-198 as follows:

6 (40 ILCS 5/15-135) (from Ch. 108 1/2, par. 15-135)

7 Sec. 15-135. Retirement annuities; conditions. 

8 (a) This subsection (a) applies only to a Tier 1 member. A 

9participant who retires in one of the following specified 

10years with the specified amount of service is entitled to a 

11retirement annuity at any age under the retirement program 

12applicable to the participant:

13 35 years if retirement is in 1997 or before;

14 34 years if retirement is in 1998;

15 33 years if retirement is in 1999;

16 32 years if retirement is in 2000;

17 31 years if retirement is in 2001;

18 30 ye

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