PEN CD-IMRF-TIER 2 SLEP SALARY House SponsorsRep. John M. Cabello 3/27/2026HouseRule 19(a) / Re-referred to Rules Committee 40 ILCS 5/7-142.1from Ch. 108 1/2, par. 7-142.130 ILCS 805/8.50 new Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that the amendatory Act may be referred to as the Pension Equity Act. Provides that, beginning on January 1, 2027, for all purposes under the Code (including, without limitation, the calculation of benefits and employee contributions), the annual earnings of a Tier 2 sheriff's law enforcement employee shall not include overtime and shall not exceed $145,649.97 (instead of $108,600, as adjusted annually beginning in 2011) plus the lesser of (i) 3% of that amount or (ii) the annual unadjusted percentage increase (instead of one-half the annual unadjusted percentage increase) in the consumer price index-u for the 12 months ending with September 2026. Provides that, beginning on January 1, 2028, that amount shall annually thereafter be increased by the lesser of (i) 3% of that amount, including all previous adjustments, or (ii) the annual unadjusted percentage increase (instead of one-half the annual percentage increase) in the consumer price index-u for the 12 months ending with the September preceding each November 1, including all previous adjustments. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 1/12/2026HouseFiled with the Clerk by Rep. John M. Cabello 1/14/2026HouseFirst Reading 1/14/2026HouseReferred to Rules Committee 3/12/2026HouseAssigned to Appropriations-Pensions & Personnel 3/27/2026HouseRule 19(a) / Re-referred to Rules Committee