Ill. Admin. Code tit. 50 § 4440.120
Current through Register Vol. 49, No. 2, January 10, 2025
Notwithstanding any other provisions to the contrary, and pursuant to 40 ILCS 5/1-116, the member contributions made to, and retirement benefits paid from, a pension fund shall be limited to such extent as may be necessary to conform to the requirements of section 415 of the Internal Revenue Code, for a qualified pension plan.
Ill. Admin. Code tit. 50, § 4440.120