80 Ill. Adm. Code 2700.420

Allowable Deferrals

Last amended: 2022Year: 2026Length: 67 wordsOfficial source
Section 2700.420  Allowable Deferrals a)         Minimum Deferrals.  Each Employee who becomes a Participant must agree to defer a minimum amount of $10 per Pay Period or 1% of Compensation each Pay Period. b)         Maximum Deferrals − No limit.  Participants may contribute any whole percentage or dollar amount up to 100% of currently available Compensation each payroll period, subject to the limitations under Code sections 402(g) and 415.
80 Ill. Adm. Code 2700.420: Allowable Deferrals | Justis AI