104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB3953

 

Introduced , by Rep. Robyn Gabel

 

SYNOPSIS AS INTRODUCED:
 


    Makes appropriations for the ordinary and contingent expenses of the State Universities Retirement System for the fiscal year beginning July 1, 2025, as follows:

    General Funds                          $2,124,412,632
    Other State Funds                        $215,000,000
    Total                                  $2,339,412,632
    


OMB104 00145 JCB 10145 b

 

HB3953OMB104 00145 JCB 10145 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 5. The sum of $2,104,446,000, or so much thereof
6as may be necessary, is appropriated from the General Revenue
7Fund to the State Universities Retirement System for the
8State's contribution, as provided by law.
 
9    Section 10. The sum of $215,000,000, or so much thereof as
10may be necessary, is appropriated from the State Pensions Fund
11to the State Universities Retirement System pursuant to the
12provisions of Section 8.12 of the State Finance Act.
 
13    Section 15. The sum of $10,966,632, or so much thereof as
14may be necessary, is appropriated from the Education
15Assistance Fund to the State Universities Retirement System
16for deposit into the Community College Health Insurance
17Security Fund for the State's contributions, as required by
18law.
 
19    Section 20. The sum of $9,000,000, or so much thereof as
20may be necessary, is appropriated from the General Revenue

 

 

HB3953- 2 -OMB104 00145 JCB 10145 b

1Fund to the State Universities Retirement System for
2additional State contributions associated with adjustments to
3the earnings limitation specified in subsection (b) of Section
415-111 of the Illinois Pension Code.
 
5Section 99. Effective date. This Act takes effect July 1,
62025.