Amendment AA1-AB361

LRBa0520/1

RAC:jld:ch

2005 - 2006 LEGISLATURE

ASSEMBLY AMENDMENT 1, TO 2005 ASSEMBLY BILL 361

May 2, 2005 - Offered by Representative Hahn.

AB361-AA1,1,1 At the locations indicated, amend the bill as follows:

AB361-AA1,1,2 1. Page 3, line 3: delete lines 3 to 19 and substitute:

AB361-AA1,1,4 " Section 5e. 40.23 (2m) (f) 1. of the statutes is renumbered 40.23 (2m) (f) and amended to read:

AB361-AA1,1,8 40.23 (2m) (f) If the annuity effective date is before the normal retirement date of the participant, the annuity amount computed under par. (e) shall be reduced by 0.4% for each full month, and for each partial month including at least 15 days, before the participant's normal retirement date, except as provided in subds. 2. to 4.

AB361-AA1, s. 5r Section 5r. 40.23 (2m) (f) 2. to 4. of the statutes are repealed.".

AB361-AA1,1,10 (End)