Illinois Administrative Code
Title 80 - PUBLIC OFFICIALS AND EMPLOYEES
Part 1650 - THE ADMINISTRATION AND OPERATION OF THE TEACHERS' RETIREMENT SYSTEM
Subpart Q - PLAN QUALIFICATION
Section 1650.3105 - Exclusive Benefit Rule
Universal Citation: 80 IL Admin Code ยง 1650.3105
Current through Register Vol. 48, No. 38, September 20, 2024
Prior to the satisfaction of all liabilities to members or their beneficiaries, no part of the corpus or income of the System shall be used for, or diverted to, purposes other than for the exclusive benefit of the System's members, annuitants and beneficiaries.
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