IL SB4157

Appropriates $2,377,851,648 total for the State Universities Retirement System (SURS) for fiscal year 2027 beginning July 1, 2026

Allocates $2,116,144,000 from the General Revenue Fund for the State's required contribution to SURS

Provides $250,000,000 from the State Pensions Fund pursuant to Section 8.12 of the State Finance Act

Appropriates $11,707,648 from the Education Assistance Fund for deposit into the Community College Health Insurance Security Fund

Introduced by Senator Elgie R. Sims, Jr. on February 25, 2026, with an effective date of July 1, 2026