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News & Press: Legislative Issues

General Assembly Approves Pension Legislation

Wednesday, December 4, 2013   (0 Comments)
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Legislative Update #31-2013
The General Assembly returned to the Capitol yesterday for a one-day special session where both the House and Senateadopted the conference committee report for SB 1 , which makes significant changes to four of the State's public pension systems. As with earlier proposals, IMRF is not included in the major changes in SB 1 which will impact the retirement benefits of current employees of GARS, SERS, SURS and TRS.