Illinois Administrative Code
Title 80 - PUBLIC OFFICIALS AND EMPLOYEES
Part 1650 - THE ADMINISTRATION AND OPERATION OF THE TEACHERS' RETIREMENT SYSTEM
Subpart B - BASIC RECORDS AND ACCOUNTS
Section 1650.182 - Waiver of Additional Amounts Due
Universal Citation: 80 IL Admin Code ยง 1650.182
Current through Register Vol. 48, No. 38, September 20, 2024
a) The System may waive additional amounts due upon good cause shown when:
1) The
delinquency is attributable to circumstances commonly known as an "act of God",
such as fire, flood, tornado and the like; or
2) The delinquency is attributable to other
administrative reasons where no employer negligence is involved; the employer's
record indicates a history of good faith and consistent compliance with the
System's contribution and reporting requirements; and the employer remits the
pay-period reports and required contributions within a reasonable time as
determined by the System taking into consideration the reason for delinquency
and the period of delinquency.
b) Circumstances purporting to justify a waiver of the additional amounts due must be certified in writing to the System by an authorized representative of the employer requesting a waiver.
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