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IL HB5797
Bill
Status
1/7/2025
Primary Sponsor
Lance Yednock
Click for details
AI Summary
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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.
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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.
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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