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SB3534Introduced in the Senate

PEN CD-SURS-TIER 2 RETIREMENT

IntroducedSenate Assignments

Introduced by Chapin Rose, District 51

What does this bill do?

Plain-English breakdown

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Official description

Amends the State Universities Article of the Illinois Pension Code. Provides that a Tier 2 member who has at least 20 years of service in this system as a police officer or firefighter 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 the changes apply retroactively to January 1, 2011. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase".

Where it stands

Referred to Assignments

February 5, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Filed with Secretary by Sen. Chapin Rose

  2. First Reading

  3. Referred to Assignments

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