Illinois Administrative Code
Title 80 - PUBLIC OFFICIALS AND EMPLOYEES
Part 2120 - STATE OF ILLINOIS MEDICAL CARE ASSISTANCE PLAN
Subpart H - MISCELLANEOUS
Section 2120.800 - Right to Amend and Terminate Reserved
Universal Citation: 80 IL Admin Code ยง 2120.800
Current through Register Vol. 48, No. 38, September 20, 2024
a) The Department has established the Plan with the bona fide intention and expectation that it will be continued indefinitely, but the Department will have no obligation to maintain the Plan for any given length of time and may discontinue or terminate the Plan at any time without liability.
b) Upon termination or discontinuance of the Plan, all elections and reductions in compensation relating to the Plan shall terminate, and the Department will pay any remaining balances to the Participants as additional taxable compensation.
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