Illinois SB1631 restricts membership in the General Assembly Retirement System to existing participants.
Illinois SB1631 amends the Illinois Pension Code to modify the General Assembly Retirement System. The bill restricts participation in the retirement system to individuals who were already participants before the effective date of the amendatory Act of the 104th General Assembly. After this date, the system will not accept any new participants. This change affects members of the General Assembly, certain elected state officials, and their beneficiaries.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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