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HB 3954

$TRS

104th Regular Session Introduced by Robyn Gabel

Appropriates $7,047,506,738 for FY starting July 1, 2025 to fund teachers' pensions and health-insurance through TRS and Chicago funds, ensuring state obligations are met.

Referred to Rules Committee
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Bill Summary · HB 3954

Summary — HB 3954 (Introduced by Rep. Robyn Gabel)

Status: Introduced 2/25/2025; referred to Rules Committee. Companion: SB 1071. Effective date: July 1, 2025.

Purpose

HB 3954 is an appropriation bill that funds the State of Illinois’ statutory contributions for teacher retirement, related health insurance payments, and certain related adjustments for the fiscal year beginning July 1, 2025. It does not itself change retirement benefit formulas; it provides the cash the State must transfer to various pension and health-insurance accounts under existing law.

Key provisions and dollar amounts

The bill appropriates a total of $7,047,506,738 from specified State funds, allocated as follows:

  • $6,495,517,664 from the Common School Fund to the Teachers’ Retirement System (TRS) — the State’s primary statutory contribution for teacher pensions.
  • $123,195,074 from the General Revenue Fund to TRS for deposit into the Teachers’ Health Insurance Security Fund (State’s contribution for teachers’ health insurance).
  • $346,838,000 from the Common School Fund to the Public School Teachers’ Pension and Retirement Fund of Chicago under paragraph (2) of subsection (d) of Section 17‑127 of the Illinois Pension Code.
  • $16,256,000 from the Common School Fund to the Public School Teachers’ Pension and Retirement Fund of Chicago under subsection (c) of Section 17‑127.
  • $65,000,000 from the General Revenue Fund to TRS for additional State contributions associated with adjustments to the earnings limitation in subsection (b‑5) of Section 1‑160 of the Illinois Pension Code.
  • $500,000 from the Common School Fund to TRS for employer contributions required under subsection (f) of Section 16‑158 of the Illinois Pension Code.
  • $200,000 from the Education Assistance Fund to TRS for additional costs related to establishment of minimum retirement allowances (Sections 16‑136.2 and 16‑136.3 of the Pension Code).

Who is affected

  • Teachers and retirees covered by the Teachers’ Retirement System of the State of Illinois (funding supports pension and health‑insurance obligations).
  • Chicago public school teachers (funding for the Public School Teachers’ Pension and Retirement Fund of Chicago).
  • School districts and other State budget stakeholders indirectly (state appropriations affect General Revenue and Common School Fund balances).

Procedural / timeline notes

  • Introduced by Rep. Robyn Gabel; effective July 1, 2025.
  • Bill was referred through Rules, Ways & Means and related committees; committee hearings, substitute, and votes are reflected in the legislative history (committee report, readings, and passage steps listed).
  • Companion bill SB 1071 tracks the same subject matter in the Senate.

Impact

Primary impact is fiscal: provides required State funding to meet pension and health‑insurance payment obligations for teachers for FY beginning July 1, 2025. It affects State budget allocations (Common School Fund and General Revenue Fund) rather than altering benefit entitlements.

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

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