Senate Bill 2861, which is identical to HB 4576, will be heard in the Illinois Senate Pension Committee on March 11, 2026, at 9:00 a.m. 

 This legislation requires employers to maintain payroll records for at least five years, aligning the record retention period with the CTPF Audit cycle. The change ensures that CTPF has access to the necessary records for conducting employer audits.

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