The Governor’s Pension Proposal and IMRF

July 9, 2015

On July 8, Illinois Gov. Bruce Rauner proposed a pension reform bill that impacts most retirement systems in Illinois.

Following our analysis, IMRF determined that the proposal:

Next Steps

For the proposal to become law, it would need to be passed by the Illinois General Assembly and withstand any legal challenges. IMRF will continue to monitor developments related to this proposal. Subscribe to IMRF’s Legislative Update newsletter for more information.