The General Assembly adjourned Spring Session on May 31. Learn where key pension reform legislation stands.
HB 206, which appropriates $1.5 billion to SURS for the coming fiscal year, was passed by the General Assembly.
On May 2, 2013, the Illinois House passed Senate Bill 1, their version of comprehensive pension reform legislation. The bill is sponsored by Speaker of the House Michael Madigan. On May 9, 2013, the Senate passed SB 2404, a less aggressive pension reform bill sponsored by Senate President John Cullerton. Both bills would affect SURS’s members and annuitants. To read details click on the corresponding button.
The Fiscal Year 2014 Benefit Choice Period is May 1 through May 31, 2013, for all SURS members. This is the only time of the year, other than when you experience a "qualifying change in status," that you may change your coverage.