IL SB2461

Appropriates $2,951,907,500 to the State Treasurer from the General Obligation Bond Retirement and Interest Fund for payment of principal ($1,581,360,000) and interest ($1,370,547,500) on state bonds issued under various bond acts.

Appropriates $3,206,013,400 to the Department of Central Management Services for employee group insurance coverage from General Revenue Fund, Road Fund, Group Insurance Premium Fund, and Health Insurance Reserve Fund.

Appropriates $6,638,953,200 from the General Revenue Fund to the Department of Healthcare and Family Services for medical assistance providers and administrative costs under Illinois Public Aid Code and related health insurance programs.

Appropriates $1,242,800,000 from the Education Assistance Fund and $160,000,000 from the State Pensions Fund to the State Universities Retirement System for the state's pension contributions.

Appropriates approximately $3.2 billion across multiple retirement systems including State Employees' Retirement System ($1,041,371,800), Teachers' Retirement System ($2,702,278,000), and other judicial and legislative pension funds, with an effective date of July 1, 2012.