State of Illinois
Introduced 2/28/2024, by Sen. Elgie R. Sims, Jr.
SYNOPSIS AS INTRODUCED:
Makes appropriations for the ordinary and contingent expenses of the State Employees' Retirement System, Judges Retirement System and General Assembly Retirement System for the fiscal year beginning July 1, 2024, as follows:
General Funds $1,933,241,220
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AN ACT concerning appropriations.
Be it enacted by the People of the State of Illinois, represented in the General Assembly:
ARTICLE 1
Section 5. The following named amounts, or so much thereof as may be necessary, respectively, are appropriated from the General Revenue Fund for the objects and purposes hereinafter named to meet the ordinary and contingent expenses of the State Employees' Retirement System:
SOCIAL SECURITY DIVISION
For Operational Expenses........................... 27,400
CENTRAL OFFICE
For Employee Retirement Contributions
Paid by Employer for Prior Fiscal Years............ 10,000
ARTICLE 2
Section 5. The sum of $1,758,104,820, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Board of Trustees of the State Employees’ Retirement System of Illinois for the State's contribution, as provided by law.
Section 10. The sum of $148,889,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Board of Trustees of the Judges Retirement System of Illinois for the State's contribution, as provided by law.
Section 15. The sum of $26,210,000, or so much thereof as may be necessary, is appropriated from the General Revenue Fund to the Board of Trustees of the General Assembly Retirement System for the State's contribution, as provided by law.
Section 99. Effective date. This Act takes effect July 1, 2024.