SB0843 EngrossedLRB099 05977 EFG 26028 b

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