104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3954 Introduced , by Rep. Robyn Gabel SYNOPSIS AS INTRODUCED: Makes appropriations for teacher retirement contributions for the fiscal year beginning July 1, 2025, as follows: General Funds $7,047,506,738 OMB104 00155 VOT 10155 b 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3954 Introduced , by Rep. Robyn Gabel SYNOPSIS AS INTRODUCED: Makes appropriations for teacher retirement contributions for the fiscal year beginning July 1, 2025, as follows: General Funds $7,047,506,738 OMB104 00155 VOT 10155 b OMB104 00155 VOT 10155 b 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3954 Introduced , by Rep. Robyn Gabel SYNOPSIS AS INTRODUCED: Makes appropriations for teacher retirement contributions for the fiscal year beginning July 1, 2025, as follows: General Funds $7,047,506,738 OMB104 00155 VOT 10155 b OMB104 00155 VOT 10155 b OMB104 00155 VOT 10155 b HB3954OMB104 00155 VOT 10155 b HB3954 OMB104 00155 VOT 10155 b HB3954 OMB104 00155 VOT 10155 b 1 AN ACT concerning appropriations. 2 Be it enacted by the People of the State of Illinois, 3 represented in the General Assembly: 4 ARTICLE 1 5 Section 1. The sum of $6,495,517,664, or so much thereof 6 as may be necessary, is appropriated from the Common School 7 Fund to the Teachers' Retirement System of the State of 8 Illinois for the State's contribution, as provided by law. 9 Section 5. The sum of $200,000, or so much thereof as may 10 be necessary, is appropriated from the Education Assistance 11 Fund to the Teachers' Retirement System of the State of 12 Illinois for additional costs due to the establishment of 13 minimum retirement allowances pursuant to Sections 16-136.2 14 and 16-136.3 of the Illinois Pension Code. 15 Section 10. The sum of $500,000, or so much thereof as may 16 be necessary, is appropriated from the Common School Fund to 17 the Teachers' Retirement System of the State of Illinois for 18 the employer contributions required by the State as an 19 employer of teachers described under subsection (e) or 20 subsection (f) of Section 16-158 of the Illinois Pension Code. 104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026 HB3954 Introduced , by Rep. Robyn Gabel SYNOPSIS AS INTRODUCED: Makes appropriations for teacher retirement contributions for the fiscal year beginning July 1, 2025, as follows: General Funds $7,047,506,738 OMB104 00155 VOT 10155 b OMB104 00155 VOT 10155 b OMB104 00155 VOT 10155 b OMB104 00155 VOT 10155 b HB3954 OMB104 00155 VOT 10155 b HB3954- 2 -OMB104 00155 VOT 10155 b HB3954 - 2 - OMB104 00155 VOT 10155 b HB3954 - 2 - OMB104 00155 VOT 10155 b 1 Section 15. The amount of $123,195,074, or so much thereof 2 as may be necessary, is appropriated from the General Revenue 3 Fund to the Teachers' Retirement System of the State of 4 Illinois for deposit into the Teacher Health Insurance 5 Security Fund as the State's contribution for teachers' health 6 insurance. 7 Section 20. The amount of $16,256,000, or so much thereof 8 as may be necessary, is appropriated from the Common School 9 Fund to the Public School Teachers' Pension and Retirement 10 Fund of Chicago for the State's contribution pursuant to 11 subsection (c) of Section 17-127 of the Illinois Pension Code. 12 Section 25. The amount of $346,838,000, or so much thereof 13 as may be necessary, is appropriated from the Common School 14 Fund to the Public School Teachers' Pension and Retirement 15 Fund of Chicago for the State's contribution pursuant to 16 paragraph (2) of subsection (d) of Section 17-127 of the 17 Illinois Pension Code. 18 Section 30. The sum of $65,000,000, or so much thereof as 19 may be necessary, is appropriated from the General Revenue 20 Fund to the Teachers' Retirement System of the State of 21 Illinois for additional State contributions associated with 22 adjustments to the earnings limitation specified in subsection 23 (b-5) of Section 1-160 of the Illinois Pension Code. HB3954 - 2 - OMB104 00155 VOT 10155 b HB3954- 3 -OMB104 00155 VOT 10155 b HB3954 - 3 - OMB104 00155 VOT 10155 b HB3954 - 3 - OMB104 00155 VOT 10155 b 1 Section 99. Effective date. This Act takes effect July 1, 2 2025. HB3954 - 3 - OMB104 00155 VOT 10155 b