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| | SB0843 Engrossed | | LRB099 05977 EFG 26028 b |
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| 1 | | AN ACT concerning public employee benefits.
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| 2 | | Be it enacted by the People of the State of Illinois,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Pension Code is amended by adding |
| 5 | | Section 6-230 as follows:
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| 6 | | (40 ILCS 5/6-230 new) |
| 7 | | Sec. 6-230. Termination of plan. Upon plan termination, a |
| 8 | | participant's interest in the Fund shall be non-forfeitable.
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| 9 | | Section 90. The State Mandates Act is amended by adding |
| 10 | | Section 8.39 as follows:
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| 11 | | (30 ILCS 805/8.39 new) |
| 12 | | Sec. 8.39. Exempt mandate. Notwithstanding Sections 6 and 8 |
| 13 | | of this Act, no reimbursement by the State is required for the |
| 14 | | implementation of any mandate created by this amendatory Act of |
| 15 | | the 99th General Assembly.
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