Illinois Statutes
§ 24-106
Illinois § 24-106
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 24 - Public Employees' Deferred Compensation
This text of Illinois § 24-106 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
40 Ill. Comp. Stat. 24-106 (2026).
Text
The State or the unit of local government or school district under a deferred compensation program shall be obligated at any point in time solely for the then current value of the particular fixed or variable life insurance or annuity contract, mutual funds or other investment purchased on behalf of any employee.
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Legislative History
(Source: P.A. 78-1277 .)
Nearby Sections
13
§ 24-101
§ 24-101§ 24-102
§ 24-102§ 24-103
§ 24-103§ 24-104.1
§ 24-104.1§ 24-104.2
Health care providers; tax-exempt status§ 24-105
§ 24-105§ 24-105.1
Changes in federal law§ 24-106
§ 24-106§ 24-107
Local government plans§ 24-108
§ 24-108§ 24-109
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Bluebook (online)
Illinois § 24-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/24-106.