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Neutral Bill Mar 16, 2026

LOCAL GOVT RETIREMENT PLANS

Creates the Local Government Retirement Plan Responsibility Act. Provides that any retirement plan offered by a unit of local government or school district must comply with the applicable provisions of the General Provisions Article of the Illinois Pension Code, including, but not limited to, fiduciary duties, funding, investments, and the rights of participants, regardless of whether the retirement plan is established under the Illinois Pension Code. Defines "retirement plan".

https://legiscan.com/IL/bill/SB1692/2025
Bill data from LegiScan, used under CC BY 4.0.
Rob Martwick State Senator
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