80 Ill. Adm. Code 2700.430
Basic Annual Limitation
Section 2700.430 Basic
Annual Limitation
The maximum amount of the Annual Deferral under the Plan for
any calendar year shall not exceed the lesser of the Applicable Dollar Amount
or the Participant's Includible Compensation for the calendar year. The
Applicable Dollar Amount in a calendar year is adjusted for cost-of-living, to
the extent provided under section 415(d) of the Code.