PEN CD-BD OF INVESTMENT AUDIT
Summary
Amends the Investment Board Article of the Illinois Pension. Provides that, if the Illinois State Board of Investment has not received a required audit opinion by December 15, the Board shall not be considered in violation of a provision requiring an annual report to each pension fund, retirement system, or education fund under the Board's jurisdiction within 6 months after the close of each fiscal year. Effective immediately.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
Senate Passage
May 2026
House Passage
May 2026
Signed into Law
Aug 2026
Introduced Apr 17, 2026
Signed Aug 21, 2026
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
4 edits
·
Aug 21, 2026
MODERATE
The bill was finalized into its enrolled version, which adds a new section granting disability pensions and survivor benefits to firefighters injured on the job. It also updates the State Mandates Act to include a new section regarding these benefits.
Scope change
The bill's scope expanded from solely auditing pension funds to include specific disability and survivor benefits for firefighters.
ELIGIBILITY
Added a new provision granting firefighters who are permanently disabled due to job-related injuries a disability pension equal to the greater of 65% of their salary or their standard retirement pension.
Provided that disability pensions continue to survivors if the firefighter dies while disabled, with a specific increase to $50,051.76 for deaths occurring in 2023 under certain conditions.
FISCAL
Established a monthly child's disability benefit of $20 for each unmarried dependent child under 18, with a total cap of 75% of the firefighter's salary when combined with the disability pension.
REQUIREMENT
Changed the section reference in the bill text from a single section (22A-115) to include two sections (4-110 and 22A-115) to accommodate the new firefighter benefits.
Floor votes · Senate Apr 16, 2026 · House May 28, 2026
How they voted
56–0
Passed · 2 other
Total votes 58
Apr 16, 2026
D
Democratic39
94% Yea
R
Republican19
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
44
Key actions
9
Committee
11
Amendments
6
Aug 21, 2026
Signed into law
Governor Approved
upper
May 31, 2026
Upper · Passed
Passed Both Houses
upper
May 31, 2026
Introduced
House Floor Amendment No. 1 Senate Concurs 057-000-001
upper
May 30, 2026
Introduced
House Floor Amendment No. 1 Motion To Concur Recommended Do Adopt Pensions; 009-000-000
upper
May 29, 2026
Committee
House Floor Amendment No. 1 Motion to Concur Assignments Referred to Pensions
upper
May 29, 2026
Committee
House Floor Amendment No. 1 Motion to Concur Referred to Assignments
upper
May 28, 2026
Introduced
Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 29, 2026
upper
May 28, 2026
Introduced
Secretary's Desk - Concurrence House Amendment(s) 1
upper
May 28, 2026
Lower · Passed
Third Reading - Short Debate - Passed 089-020-000
lower
May 28, 2026
Lower · Passed
House Floor Amendment No. 1 Adopted by Voice Vote
lower
May 28, 2026
Lower · Passed
House Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 007-004-000
lower
May 27, 2026
Lower · Passed
House Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee
lower
May 26, 2026
Committee
House Floor Amendment No. 1 Referred to Rules Committee
lower
May 26, 2026
Introduced
House Floor Amendment No. 1 Filed with Clerk by Rep. Janet Yang Rohr
lower
May 7, 2026
Lower · Passed
Do Pass / Short Debate Personnel & Pensions Committee; 010-000-000
lower
Apr 27, 2026
Committee
Assigned to Personnel & Pensions Committee
lower
Apr 17, 2026
Committee
Referred to Rules Committee
lower
Apr 17, 2026
Introduced
Arrived in House
lower
Apr 16, 2026
Upper · Passed
Third Reading - Passed; 057-000-000
upper
Mar 4, 2026
Upper · Passed
Do Pass Pensions; 007-000-000
upper
Feb 17, 2026
Committee
Assigned to Pensions
upper
Feb 4, 2026
Committee
Referred to Assignments
upper
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Janet Yang Rohr
DDemocratic
P
Rob Martwick
DDemocratic
Co
Laura Faver Dias
DDemocratic
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