· IL legislature · 104th

PEN CD-ACCELERATED BENEFIT

Amends the General Obligation Bond Act. Authorizes an additional $700,000,000 of State Pension Obligation Acceleration Bonds. Makes a conforming change. Amends the State Employees, State Universities, and Downstate Teachers Articles of the Illinois Pension Code. Extends the option for a participant to receive an acc…

Sponsor

Rob Martwick (D-IL)

Introduced

2026-01-27

Policy area

Economics and Public Finance

Latest action

Placed on Calendar Order of 3rd Reading March 24, 2026