The Treasurer may invest such monies and shall credit this Fund with the accrued interest or income from investments, if any. Moneys in the State Employees Deferred Compensation Plan Fund may be expended, subject to appropriation, for the payment or reimbursement of administrative expenses of the Plan, including the amortization of the development and establishment costs.
30 ILCS 105/6x
All monies deferred under The State Employees Deferred Compensation Plan shall be deposited in The State Employees Deferred Compensation Plan Fund on a temporary basis until such time as the Department of Central Management Services shall direct the disbursement of these monies
Known as the State Finance Act
The act spans §§ 30-105-1 to 30-105-9b-5 (1,319 sections).
P.A. 82-789.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.