Illinois Lawmakers Send Pension Buyout Program Extension To Gov. Desk

A bill that adds two years to the state employee pension buyout program is headed to Governor Pritzker’s desk.  The General Assembly approved a measure that extends the program to June 30th, 2026.  Pritzker touted the passage of the bill, noting that the program has led to overall liability reductions of one-point-four-billion-dollars since an expansion implemented early in his administration.