§ 2700.620

Ill. Admin. Code tit. 80, § 2700.620

Investment Option Valuation

Effective Sep 14, 200933 Ill. Reg. 13451AUTHORITY: 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) Any Investment Option under this Plan shall be valued at fair market value as of each Valuation Date.
b) Any withdrawals or distributions made under this Plan shall be made in cash by electronic transfer, or as authorized by the State.

(Source: Amended at 33 Ill. Reg. 13451, effective September 14, 2009)