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 2700.450 REVOCATION OF DEFERRAL
Section 2700.450 Revocation of Deferral
a) Any Participant may revoke their election to have Compensation deferred.
b) Following notice of revocation, the Participant's full Compensation shall be restored as soon as administratively possible.
c) Revocation shall not cause distribution of the Participant's Account.
(Source: Amended at 46 Ill. Reg. 15777, effective August 31, 2022) |