Copies of the actual legislation and bill status information are available at www.ilga.gov.

House Bill summaries are available by clicking here.

Senate Bill 99

Senate Committee
Repeals the effects of Public Act 94-0079, removing any statutory requirement that the System continue any divestiture, reporting, tracking, or any other behaviors related to the Republic of Sudan.

Senate Bill 153

Senate Committee
Allows members to purchase service credit for out-of-system leaves of absence due to pregnancy by paying an amount equal to the employee contributions plus an amount equal to the employer’s normal cost plus interest.

Senate Bill 246

Senate Committee
Limits the total pension benefit to $100,000 for new members in the Illinois public pension systems.

Senate Bill 480

Senate Committee
Requires the employer to pay the total normal cost of any pension based on administrative service that exceeds $150,000.

Senate Bill 788

House Committee
This bill represents the Governor’s current proposal to issue $16 billion in bonds in order to increase the funding level of the pension systems (at least for the near future) and reduce this year’s state funding requirement by $500 million. The Illinois Senate, as well as the Governor’s office, supports this initiative; however, the Illinois House does not.

Senate Bill 813

Senate Commitee
Creation of the Pension Oversight Board.

Senate Bill 621/Senate Bill 1250

Senate Committee
Requires that new hires be enrolled in a "self-directed" defined contribution retirement plan. Current TRS members may elect to stay in the traditional defined benefit pension program or elect the new program.

Senate Bill 1169 (Public Act 95-0521)

Became law on August 28, 2007.
Repeals the Sudan divestment requirements of Public Act 0079 and adds a new divestment requirement that is less restrictive.

Senate Bill 1305

Senate Committee
An ethics bill that affects all facets of state and local government, including TRS.

Senate Bill 1598

Senate Committee
Creates the Pension Funding and Investments Act to increase communication of actuarial, financial, and investment data to members, employers, and stakeholders within the public pension fund arena.

Senate Bill 1621 (Public Act 95-0616)

Became law on September 11, 2007.
Requires limited divestment of entities that do business with Iran.

Senate Bill 1883

Senate Committee
Allows for the purchase of out-of-state pregnancy leave.

Senate Bill 2094

Senate Committee
Adds salary received from tutoring as an exempt type of salary.

Senate Bill 2296

House Committee
Reinstates the statutory requirement that the State contributes an additional $13 million to the Teachers’ Retirement Health Insurance Program.

Senate Bill 2430

Senate Committee
Allows for an overall increase in state funding distributed across all state pension systems.

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