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Rep. Stephanie A. Kifowit
Filed: 4/7/2025
| | 10400HB2378ham001 | | LRB104 08928 RPS 24952 a |
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| 1 | | AMENDMENT TO HOUSE BILL 2378
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| 2 | | AMENDMENT NO. ______. Amend House Bill 2378 on page 16, by |
| 3 | | replacing lines 10 through 12 with the following: |
| 4 | | "(2)(A) is receiving retirement income from a |
| 5 | | self-managed plan account under Section 15-158.2 of the |
| 6 | | Illinois Pension Code if the participant: (i) continues to |
| 7 | | make a payment for the cost of benefits identified by the |
| 8 | | Department of Central Management Services with an ongoing |
| 9 | | monthly payment through a payment structure provided by |
| 10 | | the Department of Central Management Services; (ii) pays |
| 11 | | the actual cost associated with obtaining and processing |
| 12 | | that payment otherwise incurred by the Department of |
| 13 | | Central Management Services; and (iii) agrees in writing |
| 14 | | that no benefit will be offered or owed when item (i) or |
| 15 | | (ii) of this paragraph (2) are unpaid or (B) is receiving a |
| 16 | | monthly survivor's annuity". |