104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB3954
 
Introduced 2/25/2025, by Rep. Robyn Gabel
 
SYNOPSIS AS INTRODUCED:
 


    Makes appropriations for teacher retirement contributions for the fiscal year beginning July 1, 2025, as follows: 

    General Funds                          $7,047,506,738
    


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HB3954OMB104 00155 VOT 10155 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 1. The sum of $6,495,517,664, or so much thereof 
6as may be necessary, is appropriated from the Common School 
7Fund to the Teachers' Retirement System of the State of 
8Illinois for the State's contribution, as provided by law.
 
9    Section 5. The sum of $200,000, or so much thereof as may 
10be necessary, is appropriated from the Education Assistance 
11Fund to the Teachers' Retirement System of the State of 
12Illinois for additional costs due to the establishment of 
13minimum retirement allowances pursuant to Sections 16-136.2 
14and 16-136.3 of the Illinois Pension Code.
 
15    Section 10. The sum of $500,000, or so much thereof as may 
16be necessary, is appropriated from the Common School Fund to 
17the Teachers' Retirement System of the State of Illinois for 
18the employer contributions required by the State as an 
19employer of teachers described under subsection (e) or 
20subsection (f) of Section 16-158 of the Illinois Pension Code.
 
 
 
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1    Section 15. The amount of $123,195,074, or so much thereof 
2as may be necessary, is appropriated from the General Revenue 
3Fund to the Teachers' Retirement System of the State of 
4Illinois for deposit into the Teacher Health Insurance 
5Security Fund as the State's contribution for teachers' health 
6insurance.
 
7    Section 20. The amount of $16,256,000, or so much thereof 
8as may be necessary, is appropriated from the Common School 
9Fund to the Public School Teachers' Pension and Retirement 
10Fund of Chicago for the State's contribution pursuant to 
11subsection (c) of Section 17-127 of the Illinois Pension Code.
 
12    Section 25. The amount of $346,838,000, or so much thereof 
13as may be necessary, is appropriated from the Common School 
14Fund to the Public School Teachers' Pension and Retirement 
15Fund of Chicago for the State's contribution pursuant to 
16paragraph (2) of subsection (d) of Section 17-127 of the 
17Illinois Pension Code.
 
18    Section 30. The sum of $65,000,000, or so much thereof as 
19may be necessary, is appropriated from the General Revenue 
20Fund to the Teachers' Retirement System of the State of 
21Illinois for additional State contributions associated with 
22adjustments to the earnings limitation specified in subsection 
23(b-5) of Section 1-160 of the Illinois Pension Code.
 
 
 
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1    Section 99. Effective date. This Act takes effect July 1, 
22025.