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  1. 6 Μαΐ 2022 · SPRINGFIELD — Certain state employees will have an additional two years to opt for cashing out all or part of their pensions early under an extension Gov. J.B. Pritzker approved on Thursday, saying the pilot programs reduce the state’s long-term pension obligations and will save taxpayers money “for decades to come.”

  2. 5 Μαΐ 2022 · Gov. JB Pritzker on Thursday signed a bill into law that extends the state's pension buyout program, giving those on Illinois' pension rolls until 2026 to take a buyout.

  3. 5 Μαΐ 2022 · State employees, downstate teachers, and university employees who meet certain eligibility requirements at retirement may opt for an accelerated pension benefit payment in exchange for forfeiting a portion of future cost-of-living increases on retirement benefits.

  4. 15 Φεβ 2023 · Illinois Gov. J.B. Pritzker said Wednesday the state plans to contribute an additional $200 million to the state's retirement systems, in a budget address for fiscal year 2024.

  5. 5 Μαΐ 2022 · SPRINGFIELD, Ill. — A bill extending the pension buyout option for Illinois state employees to 2026 is now law. Formerly known as House Bill 4292, the newly signed law authorizes $1 billion...

  6. 23 Απρ 2024 · April 23, 2024. Several bills that enhance Tier 2 state worker pension benefits, reduce retirement ages, allow for large end-of-career lump-sum payments and other pension sweeteners are moving...

  7. 19 Απρ 2024 · The plan would alter a 1995 law signed by then-Republican Gov. Jim Edgar that put the state on a 50-year ramp to get Illinois’ pension systems to a 90 percent funded level by 2045. Pritzker wants to extend that deadline three more years, but up the funding goal to 100 percent.

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