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IL HB5797

Bill

Status

Failed

1/7/2025

Primary Sponsor

Lance Yednock

Click for details

Origin

House of Representatives

103rd General Assembly

AI Summary

  • Adds persons receiving retirement income from self-managed plan accounts under the State Universities Retirement System (SURS) to the definition of "community college benefit recipient" for group insurance purposes.

  • Expands the definition of "retire" and "retirement" for SURS self-managed plan participants to include when they are eligible for retirement under applicable law and begin receiving retirement income from their self-managed plan account.

  • Amends the State Employees Group Insurance Act of 1971 and the Illinois Pension Code to clarify eligibility and benefit terms for community college district employees participating in SURS self-managed plans.

Legislative Description

PEN CD/GROUP INS-SURS SMP

Last Action

Session Sine Die

1/7/2025

Committee Referrals

Rules4/2/2024

Full Bill Text

No bill text available