Illinois lawmakers won’t receive scheduled pay raises for 2018
if a new House bill becomes law.
The Illinois House of Representatives on April 18 passed a measure to curb
annual cost-of-living adjustments, or COLAs, per diem payments and travel
reimbursements to state lawmakers. It now heads to the Senate.
House Bill 5760 was filed state Rep. Monica Bristow, D-Godfrey, and prohibits
scheduled COLAs for members of the General Assembly for fiscal year 2019. The
bill also freezes lawmakers’ per diem and travel reimbursements.
HB 5760 attracted broad bipartisan support and passed the House on a vote of
108-2.
General Assembly members are entitled to an annual base salary of $68,000 a
year. A 2016 Illinois Policy Institute report found the Land of Lincoln’s
lawmakers earned the fifth-highest annual base salary for state lawmakers in the
nation.
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But it doesn’t end there. Illinois’ far-too-common
committee chairs receive an additional stipend worth more than
$10,000 a year, on top of their pay and benefits package.
Career lawmakers in Illinois are also entitled to
pensions through the state-run General Assembly Retirement System,
or GARS. GARS is the worst-funded of Illinois’ state-run pension
funds with less than 14 cents on hand for every dollar owed in
future benefits. In 2017, taxpayers paid the equivalent of $123,000
per lawmaker toward GARS just to keep the lawmakers’ pension fund
going
All in all, Illinoisans pay 2.5 times for their lawmakers. Once for
their salaries, and 1.5 times to bail out lawmakers’ bankrupt
pension fund. However, there are proposals to resolve the GARS
pension crisis. Senate Bill 2284, filed by state Sen. Chuck Weaver,
R-Peoria, would direct new lawmakers into a 401(k)-style plan
instead of a traditional defined-benefit pension.
While relatively small in scope, HB 5760 would be a positive step
toward rightsizing lawmaker compensation.
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