By Blake Haas and IIS
SPRINGFIELD – State government employees now have a few more years to take advantage of a pension buyout program.
On Thursday, Gov. Pritzker signed a new law extending the current buyout plan through June 2026.
“The legislation I will sign today extends the window for state employees, university workers, and educators to take advantage of early access of their pension savings. That means at least four more years of cost savings for taxpayers,” the Democratic leader said.
The pension buyout is available to state employees, university workers, and teachers.
So far, more than 4,500 people have already taken advantage of the buyout offer.
Blake Haas can be reached at Blake.Haas@Cumulus.com.
