Illinois HB 1871: STATE GOVERNMENT-TECH

Status: Public Act . . . . . . . . . 98-0235 (as of 2013-08-09)

State: Illinois · Session: 98th · Bill: HB 1871

Sponsors: Ron Sandack

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104TH GENERAL ASSEMBLY 
State of Illinois 
2025 and 2026
HB1871

Introduced 1/29/2025, by Rep. Stephanie A. Kifowit 

SYNOPSIS AS INTRODUCED:

40 ILCS 5/14-110 from Ch. 108 1/2, par. 14-110

40 ILCS 5/14-152.1

 Amends the State Employee Article of the Illinois Pension Code. Provides that a member who is eligible to receive an alternative retirement annuity may elect to receive an estimated payment that shall commence no later than 30 days after the later of either the member's last day of employment or 30 days after the member files for the retirement benefit with the System. Provides that the estimated payment shall be the best estimate by the System of the total monthly amount due to the member based on the information that the System possesses at the time of the estimate. Provides that if the amount of the estimate is greater or less than the actual amount of the monthly annuity, the System shall pay or recover the difference within 6 months after the start of the monthly annuity. Excludes a benefit increase resulting from the amendatory Act from the definition of "new benefit increase". Effective immediately.

LRB104 08594 RPS 18646 b

A BILL FOR

HB1871LRB104 08594 RPS 18646 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 14-110 and 14-152.1 as follows:

6 (40 ILCS 5/14-110) (from Ch. 108 1/2, par. 14-110)

7 (Text of Section from P.A. 102-813 and 103-34)

8 Sec. 14-110. Alternative retirement annuity. 

9 (a) Any member who has withdrawn from service with not 

10less than 20 years of eligible creditable service and has 

11attained age 55, and any member 

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