According to the bill’s sponsor, State Representative Tom Morrison (R-Palatine), current law only requires a thorough investigation into the pension systems every five years. “A more frequent actuarial study can ensure we are making the right payments to stay on track with our obligations, especially since we now have new Tier II employees in our pension systems,” said Morrison. “These actuarial reviews are incredibly important, because the data leads to recommendations that may be implemented by the pension boards.” Read more.