Full Text of HB3952

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HB3952 - 104th General Assembly

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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB3952
 
Introduced 2/25/2025, by Rep. Robyn Gabel
 
SYNOPSIS AS INTRODUCED:
 


    Makes appropriations for the ordinary and contingent expenses of the State Employees' Retirement System for the fiscal year beginning July 1, 2025, as follows: 

    General Funds                          $1,974,735,420
    


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HB3952OMB104 00113 JCB 10113 b

1    AN ACT concerning appropriations.
 
2    Be it enacted by the People of the State of Illinois, 
3represented in the General Assembly: 
 
4
ARTICLE 1

5    Section 5. The following named amounts, or so much thereof 
6as may be necessary, respectively, are appropriated from the 
7General Revenue Fund for the objects and purposes hereinafter 
8named to meet the ordinary and contingent expenses of the 
9State Employees' Retirement System of Illinois:
10
SOCIAL SECURITY DIVISION
11  For Operational Expenses.............................27,400
12
CENTRAL OFFICE
13  For Employee Retirement Contributions
14   Paid by Employer for Prior Fiscal Years.............10,000
 
15
ARTICLE 2

16    Section 5. The sum of $1,792,315,020, or so much thereof 
17as may be necessary, is appropriated from the General Revenue 
18Fund to the State Employees' Retirement System of Illinois for 
19the State's contribution, as provided by law.
 
20    Section 10. The sum of $151,882,000, or so much thereof as 
 
 
HB3952- 2 -OMB104 00113 JCB 10113 b

1may be necessary, is appropriated from the General Revenue 
2Fund to the Judges Retirement System of Illinois for the 
3State's contribution, as provided by law.
 
4    Section 15. The sum of $26,501,000, or so much thereof as 
5may be necessary, is appropriated from the General Revenue 
6Fund to the General Assembly Retirement System for the State's 
7contribution, as provided by law.
 
8    Section 20. The sum of $4,000,000, or so much thereof as 
9may be necessary, is appropriated from the General Revenue 
10Fund to the State Employees' Retirement System of Illinois for 
11additional State contributions associated with adjustments to 
12the earnings limitation specified in subsection (b-5) of 
13Section 1-160 of the Illinois Pension Code.
 
14    Section 99. Effective date. This Act takes effect July 1, 
152025.