SB4141 allocates funds for the State Employees' Retirement System and other retirement systems in Illinois for fiscal year 2027.
SB4141 provides appropriations for the fiscal year beginning July 1, 2026, to cover the ordinary and contingent expenses of the State Employees' Retirement System of Illinois. The bill allocates $2,018,336,320 from the General Revenue Fund for operational expenses, employee retirement contributions, and other related costs. Additionally, it allocates $154,166,000 for the Judges Retirement System and $25,650,000 for the General Assembly Retirement System, all as provided by law. The act takes effect on July 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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