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Pension Legislation Update April 2026

Pension Legislation Update April 2026

by Tom Radja | Apr 23, 2026 | Pension, Police and Fire Pension

HB 727 Synopsis: Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides for a 3% increase in the line of duty disability pension that continues to be paid to a firefighter’s survivors after the death of the firefighter if: (1) the...
Pension Legislation Update April 2026

Pension Legislation Update December 2025

by Tom Radja | Dec 16, 2025 | Pension, Police and Fire Pension

Pension Legislation Passed in 2025: Public Act 104-0284 (House Bill 3193) amended the Illinois Pension Code to allow for a new transfer provision between Article 3 police pension funds and Article 4 firefighters pension funds. The statutory changes allow for a 6-month...
Pension Legislation Update April 2026

Pension Legislation Update July 2025

by Tom Radja | Jul 23, 2025 | Pension, Police and Fire Pension

HB1648 – 40 ILCS 5/4-135 Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that an annuitant or disability beneficiary may direct, in writing, that a monthly payment be made to an association or organization with which the annuitant...
Pension Board Trustee Training

Pension Board Trustee Training

by Radja Collins Law | Apr 7, 2025 | Firefighters, Law, Pension, Police and Fire Pension, Police Officers

All elected and appointed trustees under Article 3 and 4 of this Code must participate in a mandatory trustee certification training seminar that consists of at least 16 hours of initial trustee certification at a training facility that is accredited and affiliated...
Pension Legislation Update April 2026

Pension Legislation Update April 2025

by Radja Collins Law | Apr 7, 2025 | Pension, Police and Fire Pension

HB 1045 Synopsis As Introduced Amends the General Provisions, Downstate Police, Downstate Firefighter, Chicago Police, Chicago Firefighter, Illinois Municipal Retirement Fund (IMRF), State Employees, and State Universities Articles of the Illinois Pension Code. With...
Use of Money Market Mutual Funds For Article 3 & 4 Local Funds

Use of Money Market Mutual Funds For Article 3 & 4 Local Funds

by Tom Radja | Jun 12, 2024 | Employment benefits, Pension

The Illinois Department of Insurance (“IDOI”) issued The Siren on February 8, 2024 addressing the amount of money Article 3 and 4 pension funds may keep in a retained local account to cover benefit payments and expenses. According to the IDOI, Article 3 and 4 funds...
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