HB5196Introduced in the House
PEN CD-ACCELERATED BENEFIT
Introduced by Bob Morgan, District 58
What does this bill do?
Plain-English breakdown
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Official description
Reinserts the provisions of the introduced bill with the following changes. Amends the General Obligation Bond Act. Authorizes an additional $700,000,000 (rather than $1,000,000,000) of State Pension Obligation Acceleration Bonds. Makes a conforming change. Amends the State Employees, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Extends the option for a participant to receive an accelerated pension benefit payment in lieu of any pension benefit or for a reduction in the increases to his or her annual retirement annuity and survivor's annuity to June 30, 2028 (instead of June 30, 2030). Effective immediately.
Where it stands
Public Act . . . . . . . . . 104-0467
June 16, 2026
How did lawmakers vote?
House votes
3 recorded votes · each counted separately
Senate votes
2 recorded votes · each counted separately
SenateStage: Senate Third Reading · May 29, 2026
56
Yes
0
No
3
Absent or Not Voting
59 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Javier Cervantes | 1 | Yes |
| Omar Aquino | 2 | Not Voting |
| Mattie Hunter | 3 | Yes |
| Kimberly Lightford | 4 | Yes |
| Lakesia Collins | 5 | Yes |
| Sara Feigenholtz | 6 | Yes |
| Mike Simmons | 7 | Yes |
| Ram Villivalam | 8 | Yes |
| Laura Fine | 9 | Yes |
| Robert Martwick | 10 | Yes |
Bill history
Filed with the Clerk by Rep. Bob Morgan
First Reading
Referred to Rules Committee
Assigned to Personnel & Pensions Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Bob Morgan
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Rules Refers to Personnel & Pensions Committee
Added Co-Sponsor Rep. Steven Reick
Added Co-Sponsor Rep. Stephanie A. Kifowit
House Committee Amendment No. 1 Adopted in Personnel & Pensions Committee; by Voice Vote
Do Pass as Amended / Short Debate Personnel & Pensions Committee; 010-000-000
Placed on Calendar 2nd Reading - Short Debate
Added Co-Sponsor Rep. Martha Deuter
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
House Floor Amendment No. 2 Filed with Clerk by Rep. Bob Morgan
House Floor Amendment No. 2 Referred to Rules Committee
House Floor Amendment No. 2 Rules Refers to Personnel & Pensions Committee
House Floor Amendment No. 2 Recommends Be Adopted Personnel & Pensions Committee; 011-000-000
House Floor Amendment No. 2 Pension Note Filed as Amended
Added Chief Co-Sponsor Rep. Janet Yang Rohr
Recalled to Second Reading - Short Debate
House Floor Amendment No. 2 Adopted
Placed on Calendar Order of 3rd Reading - Short Debate
Third Reading - Short Debate - Passed 109-000-000
Added Co-Sponsor Rep. Nicolle Grasse
Added Co-Sponsor Rep. Jennifer Sanalitro
Added Co-Sponsor Rep. Matt Hanson
Arrive in Senate
Placed on Calendar Order of First Reading
Chief Senate Sponsor Sen. Andrew S. Chesney
First Reading
Referred to Assignments
Alternate Chief Sponsor Changed to Sen. Robert F. Martwick
Added as Alternate Chief Co-Sponsor Sen. Andrew S. Chesney
Rule 2-10 Committee Deadline Established As May 22, 2026
Assigned to Pensions
Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2026
Do Pass Pensions; 010-000-000
Placed on Calendar Order of 2nd Reading
Added as Alternate Co-Sponsor Sen. Sara Feigenholtz
Second Reading
Placed on Calendar Order of 3rd Reading May 29, 2026
Added as Alternate Co-Sponsor Sen. Li Arellano, Jr.
Added as Alternate Co-Sponsor Sen. Suzy Glowiak Hilton
Added as Alternate Co-Sponsor Sen. Chris Balkema
3/5 Vote Required
Third Reading - Passed; 056-000-000
Passed Both Houses
Sent to the Governor
Governor Approved
Effective Date June 16, 2026
Public Act . . . . . . . . . 104-0467
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