Ill. Admin. Code tit. 80 § 1650.3105

Current through Register Vol. 48, No. 25, June 21, 2024
Section 1650.3105 - Exclusive Benefit Rule

Prior to the satisfaction of all liabilities to members or their beneficiaries, no part of the corpus or income of the System shall be used for, or diverted to, purposes other than for the exclusive benefit of the System's members, annuitants and beneficiaries.

Ill. Admin. Code tit. 80, § 1650.3105

Added at 35 Ill. Reg. 19541, effective November 18, 2011