PEN CD-SURS-BENEFIT SUSPENSION
HB 4096 modifies pension benefit suspension procedures for Illinois public employees in the CD-SURS retirement system, affecting thousands of educators and institutional pension obligations.
HB 4096 modifies pension benefit suspension procedures for Illinois public employees in the CD-SURS retirement system, affecting thousands of educators and institutional pension obligations.
HB 4096 addresses benefit suspension procedures within Illinois's public employee pension system, specifically involving the CD-SURS (College/University Defined Contribution Supplemental Uninsured Retirement System). The bill appears to modify how pension benefits can be suspended or adjusted for participating public employees and institutions.
Pension benefit changes directly affect thousands of public employees' retirement security and compensation packages. Modifications to suspension procedures could impact both current retirees receiving benefits and active employees building toward retirement, while also affecting the fiscal obligations of participating educational institutions.
Compiled from official sources — confirm details with the bill’s official record.
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