Illinois HB3953 appropriates funds for the State Universities Retirement System for the fiscal year starting July 1, 2025.

Illinois HB3953 allocates funds for the State Universities Retirement System for the fiscal year beginning July 1, 2025. It includes $2,124,412,632 from the General Funds, $215,000,000 from the State Pensions Fund, and $10,966,632 from the Education Assistance Fund. The bill also appropriates $9,000,000 from the General Revenue Fund for the Community College Health Insurance Security Fund. This Act takes effect on July 1, 2025.

Illinois HB3953 appropriates funds for the State Universities Retirement System for the fiscal year starting July 1, 2025.

Illinois HB3953 allocates funds for the State Universities Retirement System for the fiscal year beginning July 1, 2025. It includes $2,124,412,632 from the General Funds, $215,000,000 from the State Pensions Fund, and $10,966,632 from the Education Assistance Fund. The bill also appropriates $9,000,000 from the General Revenue Fund for the Community College Health Insurance Security Fund. This Act takes effect on July 1, 2025.