Ill. Admin. Code tit. 80 § 2100.210

Current through Register Vol. 48, No. 49, December 6, 2024

Section 2100.210 - Premium Dollars

a) A Member's Premium Dollars each pay period of the Plan Year shall be equal to the contribution that would, but for this Plan, be required of the Member to have the level and type of coverage of benefits elected under Section 2100.240 of this Part.

b) The Member shall incur a reduction in his or her salary upon commencement of participation in this Plan equal to the amount of his or her Premium Dollars for each pay period of the Plan Year.

c) The maximum reduction is equal to the highest costing combination of coverages included in the Plan under Section 2100.110 of this Part.

d) The reduction in salary will not affect the amount paid into a Member's pension or Social Security, nor reduce benefits received from those sources.

Ill. Admin. Code tit. 80, § 2100.210