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Creates the Local Government Retirement Plan Responsibility Act. Provides that any retirement plan offered by a unit of local government or school district must comply with the applicable provisions of the General Provisions Article of the Illinois Pension Code, including, but not limited to, fiduciary duties, funding, investments, and the rights of participants, regardless of whether the retirement plan is established under the Illinois Pension Code. Defines "retirement plan".
Introduced
Feb 5, 2025
Last Action
Jun 2, 2025
Session
IL 104th
Sponsors
1 primary · 1 co
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Third Reading Deadline Established As June 1, 2025
Rule 2-10 Third Reading Deadline Established As May 23, 2025
Rule 2-10 Third Reading Deadline Established As May 9, 2025
Placed on Calendar Order of 3rd Reading April 10, 2025
Second Reading
Placed on Calendar Order of 2nd Reading March 20, 2025
Do Pass Pensions; 007-003-000
Assigned to Pensions
Filed with Secretary by Sen. Robert F. Martwick
Added as Chief Co-Sponsor Sen. Karina Villa
Referred to Assignments
First Reading
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Rule 3-9(a) / Re-referred to Assignments
Robert F. Martwick