Illinois Administrative Code
Title 80 - PUBLIC OFFICIALS AND EMPLOYEES
Part 2700 - STATE (OF ILLINOIS) EMPLOYEES' DEFERRED COMPENSATION PLAN
Subpart F - PARTICIPANT'S ACCOUNTS, INVESTMENTS AND STATEMENTS
Section 2700.650 - Participant Statements

Universal Citation: 80 IL Admin Code ยง 2700.650

Current through Register Vol. 48, No. 38, September 20, 2024

a) Each Participant shall be provided quarterly with an accounting of his or her Deferred Compensation Account, including, but not limited to, the amount deferred and any amounts credited or debited up to the quarter end and a separate accounting showing amounts credited or debited up to the quarter end for a Participant's outstanding Loan under Section 2700.700.

b) The accounting shall be made not later than 60 days after all deferrals for the quarter have been invested.

c) Participants are responsible for notifying the Department in writing of any investment or other error within 14 days after the receipt of any statement.

d) The liability of the Plan to the Participants for administrative errors shall not exceed the amount necessary to correct the error. Errors under $5.00 will not be corrected.

Disclaimer: These regulations may not be the most recent version. Illinois may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.