![]() |
TITLE 80: PUBLIC OFFICIALS AND EMPLOYEES
SUBTITLE H: DEFERRED COMPENSATION CHAPTER I: ILLINOIS STATE BOARD OF INVESTMENT PART 2700 STATE (OF ILLINOIS) EMPLOYEES' DEFERRED COMPENSATION PLAN SECTION 2700.300 RESPONSIBILITIES OF THE DEPARTMENT
Section 2700.300 Responsibilities of the Department
a) Subject to the general supervision of the Board as provided in Section 2700.310, the Department has the full authority to administer the Plan and promulgate, adopt, amend or revoke internal management procedures which are consistent with, and necessary to implement and maintain, this Plan.
b) The Department, on behalf of the State of Illinois, shall enter into a written agreement with each Participant, which shall set forth:
1) the obligations contained in this Plan,
2) the amounts of Compensation to be deferred, and
3) such other information as the Department deems necessary to administer the Plan.
c) Pamphlets describing this Plan and outlining the options and opportunities available shall be made available to eligible employees. |