(5 ILCS 365/7) (from Ch. 127, par. 357)
Sec. 7.
Any
Office in making payment for any item of salary, wages or annuity
on a voucher or in disbursing a payroll shall deduct any amount or amounts
authorized to be withheld under this Act as certified in such voucher or
disbursed in such payroll and shall make payment
to the employee or annuitant for the net amount payable to the employee
or annuitant. Where payment is made by warrant, information concerning
the amount or amounts withheld and the purpose of each such withholding
shall be provided on a detachable stub. Where payment is made by the Comptroller
by direct deposit, the Comptroller may distribute statements of the amounts
and purposes of withholding from such payments intermittently, not less than annually.
Each Office shall create a separate trust fund for the purpose of withholding
from employees for the purchase of United States Savings Bonds as provided
by this Act. The State Treasurer shall be ex officio, trustee and custodian
of such trust fund created by the State Comptroller. The Comptroller shall
direct the State Treasurer to deposit to the trust fund the amounts authorized
to be withheld for United States Savings Bonds as certified on each payroll
or annuitant's voucher.
Such trust fund and each individual employee or annuitant account
created by the Comptroller shall be subject to audit the same as funds and
accounts belonging to the State of Illinois and shall be protected by the
official bond given by the State Treasurer. Trust funds and individual
employee or annuitant accounts created by an Office other than the
Comptroller shall be subject to audit in the same manner as other funds.
(Source: P.A. 83-162.)
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