A new bill could cause significant changes for Illinois pension systems — and it all starts with tackling dirty energy .
Senate Bill 130 would prohibit the pension systems for legislators, state employees, university workers, judges, and teachers from investing in fossil fuel companies. The legislation would make it mandatory for Illinois’ five pension systems to complete divestment from those institutions by 2030.
The Democrats behind the bill are encouraging the state to move toward clean energy and away from oil and gas investments.
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