Illinois House Bill 1595: OMA-IMRF BENEFITS POSTING

Illinois · 104th session

What it does

Amends the Open Meetings Act. Provides that, within 6 business days after an employer participating in the Illinois Municipal Retirement Fund approves a budget, that employer must post on its website the total compensation package for each employee having a total compensation package that exceeds $125,000 (rather than $75,000) per year. Provides that, at least 6 days before an employer participating in the Illinois Municipal Retirement Fund approves an employee's total compensation package that is equal to or in excess of $200,000 (rather than $150,000) per year, the employer must post on its website the total compensation package for that employee. Effective January 1, 2026.

Latest action

Rule 19(a) / Re-referred to Rules Committee (2025-03-21)

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