SB1894 - 104th General Assembly (2025-2026)

PEN CD-SURS-SURVIVORS BENEFITS
Last Action
3/21/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Statutes Amended In Order of Appearance
40 ILCS 5/15-148  from Ch. 108 1/2, par. 15-148
Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Provides that a survivors insurance beneficiary or the personal representative of the estate of a deceased survivors insurance beneficiary or the personal representative of a survivors insurance beneficiary who is under a legal disability may waive the right to receive survivorship benefits, provided written notice of the waiver is given by the beneficiary or representative to the Board of Trustees within 6 months after the System notified that person of the benefits payable upon the death (instead of 6 months after the death) of the participant or annuitant and before any payment is made pursuant to an application filed by such person. Effective immediately.
Actions
DateChamberAction
2/06/2025SenateFiled with Secretary by Sen. Robert F. Martwick
2/06/2025SenateFirst Reading
2/06/2025SenateReferred to Assignments
2/18/2025SenateAssigned to Pensions
3/21/2025SenateRule 3-9(a) / Re-referred to Assignments