Sen. Jennifer Bertino-Tarrant

Filed: 3/26/2014

 

 


 

 


 
09800SB3309sam002LRB098 17036 EFG 57653 a

1
AMENDMENT TO SENATE BILL 3309

2    AMENDMENT NO. ______. Amend Senate Bill 3309, AS AMENDED,
3in Section 5, by replacing all of Sec. 2-163 with the
4following:
 
5    "(40 ILCS 5/2-163 new)
6    Sec. 2-163. Termination of plan. Upon plan termination, a
7participant's interest in the pension fund will be
8nonforfeitable."; and
 
9in Section 5, by replacing all of Sec. 14-153.3 with the
10following:
 
11    "(40 ILCS 5/14-153.3 new)
12    Sec. 14-153.3. Termination of plan. Upon plan termination,
13a member's interest in the pension fund will be
14nonforfeitable."; and
 

 

 

09800SB3309sam002- 2 -LRB098 17036 EFG 57653 a

1in Section 5, by replacing all of Sec. 18-170 with the
2following:
 
3    "(40 ILCS 5/18-170 new)
4    Sec. 18-170. Termination of plan. Upon plan termination, a
5participant's interest in the pension fund will be
6nonforfeitable.".