Ill. Admin. Code tit. 80, § 2190.740 – Effect on Social Security | Midpage
§ 2190.740
Ill. Admin. Code tit. 80, § 2190.740
Effect on Social Security
AUTHORITY: Implementing section 132(f) of the Internal Revenue Code (926 USC 132(f)), Section 405-110 of the Civil Administrative Code of Illinois [20 ILCS 405/405-110], Section 30c of the State Finance Act [30 ILCS 105/30c], and Sections 3 and 9 of the State Employees Group Insurance Act of 1971 [5 ILCS 375/3 and 9] and authorized by Section 5-625 of the Civil Administrative Code of Illinois [20 ILCS 5/5-625].DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
Participation in the Plan reduces a participant's Social Security wages by the amount contributed and may therefore reduce the benefits received.