50 Ill. Adm. Code 4404.120

Forfeiture

Last amended: 2011Year: 2026Length: 54 wordsOfficial source
Section 4404 Section 4404.120  Forfeiture Transferred credit that is not granted due to failure to pay the additional contribution , if applicable, within the required time is lost. It may not be transferred to another pension fund and may not be reinstated in the pension fund from which it was transferred. [40 ILCS 5/3-110(d)(5)]
50 Ill. Adm. Code 4404.120: Forfeiture | Justis AI