New law will enable some Illinois police officers to retire earlier
The law lowers the retirement age from 60 to 55 for certain law enforcement officers
By Police1 Staff
SPRINGFIELD, Ill. — A new law will enable some law enforcement officers in Illinois to retire earlier.
According to The Center Square, House Bill 1568, signed into law Friday, lowers the retirement age from 60 to 55 for certain law enforcement officers. Those eligible include state troopers, investigators for the Secretary of State, Department of Revenue, Illinois Gaming Board and investigators for the Office of the Attorney General.
The state was recently ranked among the top five locations for law enforcement in a report by WalletHub. However, Center Square reported that the state also has the worst unfunded pension liability in the nation at $140 billion.
Read the full text of House Bill 1568 here.
The retirement age for Tier 2 within the ISP has been changed from 60 to 55!— Illinois State Police Recruitment (@Illinoistrooper) May 7, 2022
Governor Pritzker signed HB 1568 into law, effective immediately. House Bill 1568 allows any state police officer who is Tier 2, to retire and draw a unreduced benefit at age 55- lowered from age 60. pic.twitter.com/8zVOVtuGmW