IL HB2849

Amends the Illinois Pension Code by adding Section 1-155 to establish retirement age increases across all pension articles in the Code.

Increases the minimum eligible retirement age by one year effective immediately upon the bill becoming law.

Increases the minimum eligible retirement age by an additional one year, five years after the effective date of the bill (total two-year increase).

Applies to all public employee retirement annuities and pensions under any Article of the Illinois Pension Code.

Takes effect immediately upon becoming law.