Ill. Admin. Code tit. 80, § 2700.100 – Establishment of Plan | Midpage
§ 2700.100
Ill. Admin. Code tit. 80, § 2700.100
Establishment of Plan
AUTHORITY: Implementing section 457 of the Internal Revenue Code (26 U.S.C. 457) and implementing and authorized by Section 22A-111.1 and Article 24 of the Illinois Pension Code [40 ILCS 5].ILLINOIS STATE BOARD OF INVESTMENT
a) The rules adopted in this part shall constitute the State Employees' Deferred Compensation Plan ("Plan").
b) When effective this Plan shall succeed and replace all Prior Plans. All accounts established and amounts deferred and invested under Prior Plans shall be subject to and administered under the rules of this Plan.