80 Ill. Adm. Code 2110.810
Right to Amend and Terminate Reserved
Section 2110
Section 2110.810Â Right to
Amend and Terminate Reserved
a)Â Â Â Â Â Â Â Â 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)Â Â Â Â Â Â Â Â 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.