Rep. Stephanie A. Kifowit

Filed: 4/7/2025

 

 


 

 


 
10400HB2378ham001LRB104 08928 RPS 24952 a

1
AMENDMENT TO HOUSE BILL 2378

2    AMENDMENT NO. ______. Amend House Bill 2378 on page 16, by
3replacing 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".