Illinois 104th General Assembly Status: Introduced Bipartisan · 4 R · 2 D cosponsors

SB3404      — PEN CD-ACCEL BENEFIT PAYMENT

Last action — Rule 19(a) / Re-referred to Rules Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 54% · moderate confidence

  • Introduced

    Current position in the legislative process.

  • 8 sponsors

    1 primary, 7 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (4 R · 2 D) — cross-party backing.

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill allows certain pension fund members to choose accelerated benefit payments.

This legislation amends Illinois pension codes to allow eligible members to receive a lump sum payment instead of standard pension benefits. It includes provisions on how these payments are calculated and mandates that certain municipalities establish this program.

What this means for you
  • Workers: Workers in eligible pension systems may choose to receive a lump sum instead of their regular pension benefits.

Summary

Amends the Downstate Police, Downstate Firefighter, Chicago Police, Chicago Firefighter, Chicago Municipal, Cook County, Cook County Forest Preserve, Chicago Laborers, and Chicago Park District Articles of the Illinois Pension Code. Establishes an accelerated pension benefit payment in lieu of any pension benefit under which an eligible person may elect to receive an amount determined by the Fund to be equal to 60% of the present value of his or her pension benefits in lieu of receiving any pension benefit. Establishes an accelerated pension benefit payment for a reduction in annual retirement annuity and survivor's annuity increases, as applicable, under which a Tier 1 member may elect to receive an accelerated pension benefit payment equal to 70% of the difference of the present value of the automatic annual increases to a Tier 1 member's retirement annuity and survivor's annuity using the formula applicable to the Tier 1 member and the present value of the automatic annual increases to the Tier 1 member's retirement annuity using a specified formula and survivor's annuity using a specified formula. Amends the Counties Code and the Illinois Municipal Code. Requires municipalities and counties with more than 3,000,000 inhabitants to establish an accelerated pension benefit program to implement the accelerated pension benefit payments. Provides that the county or municipality shall remit to the pension funds a contribution, which may be a contribution of zero dollars, that shall constitute the total funding for accelerated pension benefit payments for that fiscal year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Bill Text

We don't have the full text on file for this bill yet.

Read SB3404 on the official Illinois source →

Action History

  1. Rule 19(a) / Re-referred to Rules Committee

  2. Senate Floor Amendment No. 2 Fiscal Note Filed as Amended

  3. Pension Note Filed

  4. Motion to Suspend Rule 21 - Prevailed 072-038-000

  5. Motion Filed to Suspend Rule 21 Appropriations-Pensions & Personnel; Rep. Ann M. Williams

  6. Added Alternate Chief Co-Sponsor Rep. Travis Weaver

  7. Committee/Final Action Deadline Extended-9(b) May 31, 2026

  8. Assigned to Appropriations-Pensions & Personnel

  9. Referred to Rules Committee

  10. First Reading

  11. Chief House Sponsor Rep. Bob Morgan

  12. Arrived in House

  13. Senate Floor Amendment No. 1 Tabled Pursuant to Rule 5-4(a)

  14. Third Reading - Passed; 058-000-000

  15. Placed on Calendar Order of 3rd Reading

  16. Senate Floor Amendment No. 2 Adopted; Martwick

  17. Recalled to Second Reading

  18. Rule 2-10 Third Reading Deadline Established As May 22, 2026

  19. Added as Co-Sponsor Sen. Jil Tracy

  20. Added as Co-Sponsor Sen. Terri Bryant

  21. Added as Co-Sponsor Sen. Adriane L. Johnson

  22. Rule 2-10 Third Reading Deadline Established As May 15, 2026

  23. Senate Floor Amendment No. 2 Recommend Do Adopt Pensions; 008-000-000

  24. Senate Floor Amendment No. 2 Assignments Refers to Pensions

  25. Senate Floor Amendment No. 1 Assignments Refers to Pensions

  26. Senate Floor Amendment No. 2 Referred to Assignments

  27. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Robert F. Martwick

  28. Senate Floor Amendment No. 1 Referred to Assignments

  29. Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick

  30. Rule 2-10 Third Reading Deadline Established As May 8, 2026

  31. Placed on Calendar Order of 3rd Reading April 15, 2026

  32. Second Reading

  33. Placed on Calendar Order of 2nd Reading March 12, 2026

  34. Do Pass Pensions; 007-000-000

  35. Added as Co-Sponsor Sen. Li Arellano, Jr.

  36. Added as Co-Sponsor Sen. Chris Balkema

  37. Assigned to Pensions

  38. Referred to Assignments

  39. First Reading

  40. Filed with Secretary by Sen. Robert F. Martwick

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 7 co-sponsors · 175 not signed on

Sponsors (1)

Co-sponsors (7)

Not signed on (175)

175 members have not signed on to this bill.

Show all 175 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third Reading

Passed 58 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 19000
Democrat 34000
Unaffiliated 4001
Total 57001
% of votes cast 98%0%0%2%
How each member voted (58)
Member Party Vote
Simmons — Yea
Harris, N. — Not Voting
Johnson — Yea
Glowiak Hilton — Yea
Loughran Cappel — Yea
Bill Cunningham Democrat Yea
Celina Villanueva Democrat Yea
Christopher Belt Democrat Yea
Cristina Castro Democrat Yea
David Koehler Democrat Yea
Doris Turner Democrat Yea
Elgie R. Sims, Jr. Democrat Yea
Emil Jones, III Democrat Yea
Graciela Guzmán Democrat Yea
Javier L. Cervantes Democrat Yea
Julie A. Morrison Democrat Yea
Karina Villa Democrat Yea
Kimberly A. Lightford Democrat Yea
Lakesia Collins Democrat Yea
Laura Ellman Democrat Yea
Laura Fine Democrat Yea
Laura M. Murphy Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mary Edly-Allen Democrat Yea
Mattie Hunter Democrat Yea
Michael E. Hastings Democrat Yea
Michael W. Halpin Democrat Yea
Mike Porfirio Democrat Yea
Omar Aquino Democrat Yea
Patrick J. Joyce Democrat Yea
Paul Faraci Democrat Yea
Rachel Ventura Democrat Yea
Ram Villivalam Democrat Yea
Robert F. Martwick Democrat Yea
Robert Peters Democrat Yea
Sara Feigenholtz Democrat Yea
Steve Stadelman Democrat Yea
Willie Preston Democrat Yea
Andrew S. Chesney Republican Yea
Chapin Rose Republican Yea
Chris Balkema Republican Yea
Craig Wilcox Republican Yea
Dale Fowler Republican Yea
Darby A. Hills Republican Yea
Dave Syverson Republican Yea
Donald P. DeWitte Republican Yea
Erica Harriss Republican Yea
Jason Plummer Republican Yea
Jil Tracy Republican Yea
John F. Curran Republican Yea
Li Arellano, Jr. Republican Yea
Neil Anderson Republican Yea
Sally J. Turner Republican Yea
Seth Lewis Republican Yea
Steve McClure Republican Yea
Sue Rezin Republican Yea
Terri Bryant Republican Yea

Official roll call →

Pensions

Passed 8 Yea · 0 Nay · 2 Other
Party YeaNayPresentNot Voting
Republican 2001
Democrat 6001
Total 8002
% of votes cast 80%0%0%20%
How each member voted (10)
Member Party Vote
Javier L. Cervantes Democrat Yea
Lakesia Collins Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Robert F. Martwick Democrat Yea
Sara Feigenholtz Democrat Not Voting
Suzy Glowiak Hilton Democrat Yea
Chris Balkema Republican Not Voting
Li Arellano, Jr. Republican Yea
Neil Anderson Republican Yea

Official roll call →

Pensions

Passed 7 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Republican 2001
Democrat 5002
Total 7003
% of votes cast 70%0%0%30%
How each member voted (10)
Member Party Vote
Javier L. Cervantes Democrat Not Voting
Laura Ellman Democrat Yea
Linda Holmes Democrat Yea
Mark L. Walker Democrat Yea
Mattie Hunter Democrat Not Voting
Robert F. Martwick Democrat Yea
Sara Feigenholtz Democrat Yea
Chris Balkema Republican Yea
Li Arellano, Jr. Republican Yea
Neil Anderson Republican Not Voting

Official roll call →

Subjects

finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB3404      do?
Amends the Downstate Police, Downstate Firefighter, Chicago Police, Chicago Firefighter, Chicago Municipal, Cook County, Cook County Forest Preserve, Chicago Laborers, and Chicago Park District Articles of the Illinois Pension Code. Establishes an accelerated pension benefit payment in lieu of any pension benefit under which an eligible person may elect to receive an amount determined by the Fund to be equal to 60% of the present value of his or her pension benefits in lieu of receiving any pension benefit. Establishes an accelerated pension benefit payment for a reduction in annual retirement annuity and survivor's annuity increases, as applicable, under which a Tier 1 member may elect to receive an accelerated pension benefit payment equal to 70% of the difference of the present value of the automatic annual increases to a Tier 1 member's retirement annuity and survivor's annuity using the formula applicable to the Tier 1 member and the present value of the automatic annual increases to the Tier 1 member's retirement annuity using a specified formula and survivor's annuity using a specified formula. Amends the Counties Code and the Illinois Municipal Code. Requires municipalities and counties with more than 3,000,000 inhabitants to establish an accelerated pension benefit program to implement the accelerated pension benefit payments. Provides that the county or municipality shall remit to the pension funds a contribution, which may be a contribution of zero dollars, that shall constitute the total funding for accelerated pension benefit payments for that fiscal year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Who sponsors SB3404     ?
SB3404      is sponsored by Bob Morgan, Travis Weaver, Robert F. Martwick (Democrat), Chris Balkema (Republican), Li Arellano, Jr. (Republican), Adriane L. Johnson (Democrat), Terri Bryant (Republican), and Jil Tracy (Republican).
What is the current status of SB3404     ?
This bill has been introduced in the Senate. Introduced February 04, 2026. It must pass committee before a floor vote.
Where can I track SB3404     ?
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