(30 ILCS 105/6z-148)
    Sec. 6z-148. Tier 2 SSWB Reserve Fund.
    (a) The Tier 2 SSWB Reserve Fund is created as a special fund in the State treasury. The Fund may receive revenue from any authorized source, including, but not limited to, transfers and appropriations from other funds in the State treasury. Any interest earned on moneys in the Fund shall be retained in the Fund.
    (b) Subject to appropriation, moneys in the Fund shall be used for additional State contributions associated with adjustments to the earnings limitations specified in subsection (b-5) of Section 1-160 of the Illinois Pension Code and subsection (b) of Section 15-111 of the Illinois Pension Code. Distributions from the Fund shall be allocated as follows:
        (1) 5.1% to the State Employees' Retirement System of
    
Illinois;
        (2) 83.3% to the Teachers' Retirement System of the
    
State of Illinois; and
        (3) 11.6% to the State Universities Retirement System.
    (c) If, after the effective date of this amendatory Act of the 104th General Assembly, any enforceable determination concludes that the benefits for a Tier 2 member or participant under Section 1-160 or 15-111 of the Illinois Pension Code do not provide the minimum retirement benefits required under Internal Revenue Service regulations or other provisions of federal law such that the wages of such member or participant would be subject to tax under the Federal Insurance Contributions Act, then moneys in the Tier 2 SSWB Reserve Fund may be used by the State Employees' Retirement System of Illinois, the Teachers' Retirement System of the State of Illinois, or the State Universities Retirement System to pay the difference between benefits otherwise available and benefits that would constitute minimum retirement benefits under applicable federal law or regulation. This subsection shall constitute a continuing appropriation of all amounts necessary for such purposes.
(Source: P.A. 104-2, eff. 6-16-25.)