Illinois SB4157 appropriates funds for the State Universities Retirement System for FY27.
Illinois SB4157 allocates funds for the State Universities Retirement System for fiscal year 2027. It appropriates $2,116,144,000 from the General Revenue Fund, $250,000,000 from the State Pensions Fund, and $11,707,648 from the Education Assistance Fund. These funds are designated for the State's contributions to the system, including the Community College Health Insurance Security Fund. The act takes effect on July 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.