SB 1692 Illinois Senate · 104th Regular Session

LOCAL GOVT RETIREMENT PLANS

Summary
Creates the Local Government Retirement Plan Responsibility Act. Provides that any retirement plan offered by a unit of local government or school district must comply with the applicable provisions of the General Provisions Article of the Illinois Pension Code, including, but not limited to, fiduciary duties, funding, investments, and the rights of participants, regardless of whether the retirement plan is established under the Illinois Pension Code. Defines "retirement plan".
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2025 Last action Jun 2, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
13
Key actions
1
Committee
4
Jun 2, 2025
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Mar 19, 2025
Upper · Passed
Do Pass Pensions; 007-003-000
upper
Mar 12, 2025
Committee
Assigned to Pensions
upper
Feb 5, 2025
Committee
Referred to Assignments
upper
1 primary · 1 co-sponsor

Sponsors