Section 2700.610  Allocation of Investment Earnings or Losses

a)         To the extent that Investment Funds are established by the Board, Deferred Compensation Accounts shall be allocated among the Investment Funds according to the investment elections in effect on behalf of the Participants.  Earnings and losses of each Investment Fund shall be based on the actual investment experience of the Investment Fund.

b)         Earnings and losses will be measured from the Valuation Date coincident with or immediately preceding the date on which any Deferred Compensation is invested in any Investment Fund to the Valuation Date coincident with or immediately preceding the date any Deferred Compensation is withdrawn from any Investment Fund.

c)         The amount of earnings or losses allocated to each Deferred Compensation Account shall reflect the proportion a Participant's Deferred Compensation Account in relation to the other Deferred Compensation Accounts having an interest in that Fund.

(Source:  Amended at 30 Ill. Reg. 8408, effective April 21, 2006)