Illinois SB 675: FINANCE-TECH

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
SB0675

Introduced 1/24/2025, by Sen. Don Harmon 

SYNOPSIS AS INTRODUCED:

40 ILCS 5/2-101 from Ch. 108 1/2, par. 2-101

 Amends the Illinois Pension Code. Makes a technical change in a Section concerning the General Assembly. 

LRB104 06982 RPS 17019 b

A BILL FOR

SB0675LRB104 06982 RPS 17019 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 Section 2-101 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 

8created to provide retirement annuities, survivor's annuities 

9and and other benefits for members of the General Assembly, 

10certain elected state officials and their beneficiaries.

11 The system shall be known as the "General Assembly 

12Retirement System". All its funds and property shall be a 

13trust separate from all other entities, maintained for the 

14purpose of securing payment of annuities and benefits under 

15this Article.

16(Source: P.A. 83-1440.)

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