Ill. Admin. Code tit. 74 § 740.340

Current through Register Vol. 48, No. 45, November 8, 2024
Section 740.340 - Allocation of Investment Earnings or Losses

Interest income will be computed daily, credited or paid monthly, and reinvested in the participant's account or distributed to the participant in a manner that equitably reflects the differing amounts of their respective investments in the pool and the differing periods of time for which those amounts were in the custody of the pool.

Ill. Admin. Code tit. 74, § 740.340

Adopted at 43 Ill. Reg. 2299, effective 1/31/2019.