Illinois 2023-2024 Regular Session

Illinois House Bill HB5235

Introduced
2/8/24  
Refer
2/9/24  
Introduced
2/8/24  

Caption

PEN CD-SERS-TIER 1 SERVICE

Impact

The impact of HB5235 is significant as it directly affects the eligibility of certain state employees for pension benefits. By precisely defining who qualifies as a Tier 1 member, the bill aims to protect the rights of individuals who have dedicated years to public service. This change will help to streamline processes related to pension claims and ensure that employees receive the benefits they are entitled to, thus reinforcing the stability and reliability of the State’s pension system.

Summary

House Bill 5235 amends the Illinois Pension Code, specifically the State Employees Article, to clarify the definition of a ‘Tier 1 member’. The bill states that a Tier 1 member includes any State employee whose service began before January 1, 2011, regardless of when they first became a member. This clarification is intended to ensure that individuals who were previously employed by the State and are eligible to purchase service credit are accurately categorized under this definition.

Contention

While the bill has the support of many public servants and pension advocates, concerns may arise from fiscal responsibility debates within the legislature. Opponents could argue that the further inclusion of members under the Tier 1 definition may increase financial obligations for the state, especially during a time when pension liabilities are already a growing concern. The challenge of addressing pension reform while honoring the commitments to past employees remains a topic of contention among lawmakers.

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.