Illinois HB2711 proposes changes to pension benefits for certain state employees.
Illinois HB2711 modifies pension benefits for Tier 2 employees in the Public Employees' Retirement System. The bill specifies changes to the pension calculation formula, affecting future benefits for eligible state employees. It also includes provisions for the administration and funding of these benefits.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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