WeVote
Log In

Bill

Bill

SB 2580

Chairman of the Mississippi Athletic Commission; amend the provision for the salary of.

2025 Regular Session Introduced by Scott DeLano

Illinois SB 2580 appropriates funds for the state's pension contributions for FY 2025, totaling about $1.975 billion across SERS, JRS, and GARS.

Died In Committee
#appropriationsa #finance #governmentstructure #stateaffairs
0
WeVote Research Nonpartisan
Bill Summary · SB 2580

Summary — SB 2580 (104th General Assembly, 2025)

Note up front: the metadata provided contains conflicting items. The bill number and full text below are for Illinois SB 2580 (Sen. Elgie R. Sims, Jr.), an appropriations act for state retirement systems. However, an alternate short title referring to the Mississippi Athletic Commission and an initial “Died In Committee” status appear in the packet — those appear to be incorrect or mismatched metadata. This summary is based on the bill text and legislative history provided for Illinois SB 2580.

Purpose / Intent

SB 2580 makes fiscal-year appropriations from the Illinois General Revenue Fund to cover the State’s contributions and ordinary/contingent expenses for its public retirement systems for the fiscal year beginning July 1, 2025. It funds required employer (State) contributions for the State Employees’ Retirement System (SERS), Judges’ Retirement System (JRS), and General Assembly Retirement System (GARS), plus minor operational line items.

Key provisions and dollar amounts

  • Total General Revenue Fund appropriation (as stated in the synopsis): $1,974,735,420.
  • Article 1 — Specific small operational/central office items:
    • Social Security Division operational expenses: $27,400
    • Central office: employer-paid employee retirement contributions for prior fiscal years: $10,000
  • Article 2 — Main appropriations:
    • State Employees’ Retirement System (State’s contribution): $1,792,315,020
    • Judges’ Retirement System (State’s contribution): $151,882,000
    • General Assembly Retirement System (State’s contribution): $26,501,000
    • Additional State contribution to SERS related to adjustments in the earnings limitation (Section 1‑160(b‑5) of Illinois Pension Code): $4,000,000
  • Effective date (per bill text): takes effect July 1, 2025. (Legislative action notes also show a recorded effective date of September 1, 2025; see “Status & procedural” below.)

Who is affected

  • State of Illinois (General Revenue Fund) — increased or allocated budgetary outlays for pension contributions.
  • Participants and beneficiaries of:
    • State Employees’ Retirement System (active and retired state employees)
    • Judges’ Retirement System (judicial pension participants)
    • General Assembly Retirement System (legislators)
  • State pension administrators (SERS central office and Social Security division) for operational funding.

Policy impact / significance

  • This is primarily an appropriations (funding) measure rather than a statutory change to benefit rules. It ensures the State meets its law‑required contribution obligations for the upcoming fiscal year and provides a small, targeted supplemental appropriation ($4M) to offset effects from an earnings‑limitation adjustment in the pension code.
  • Maintaining statutory contributions supports actuarial funding targets and cash flow for pension benefits.

Procedural / timeline notes & discrepancies

  • Sponsor: Sen. Elgie R. Sims, Jr. (primary). Companion: HB 3400.
  • Legislative history supplied is inconsistent: entries indicate the bill was passed by both chambers, sent to and signed by the Governor (June 20, 2025), and an effective date of September 1, 2025 is recorded. However, the packet also lists “Died In Committee” and the bill text lists an effective date of July 1, 2025.
  • Recommendation: verify the final enacted text and operative effective date in the official Illinois General Assembly or Secretary of State records to resolve the discrepancy.

If you want, I can pull the official enacted version and confirm the final effective date and any enrollment changes.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.