TITLE 80: PUBLIC OFFICIALS AND EMPLOYEES
SUBTITLE D: RETIREMENT SYSTEMS
CHAPTER III: TEACHERS' RETIREMENT SYSTEM OF THE STATE OF ILLINOIS
PART 1650 THE ADMINISTRATION AND OPERATION OF THE TEACHERS' RETIREMENT SYSTEM
SECTION 1650.485 EMPLOYER CONTRIBUTIONS FOR SALARY INCREASES IN EXCESS OF 6% OR 3% - RECEIPT OF BILL
Section 1650.485 Employer Contributions for Salary Increases in Excess of 6% or 3% − Receipt of Bill
For purposes of determining the 30 day period to dispute the amount of a bill for an employer contribution for salary increases in excess of 6% or 3% and the 90 day interest grace period provided in 40 ILCS 5/16-158(f) and 16-158(f-1), an employer shall be deemed to have received a bill for employer contributions on the first day of the month following the bill date indicated on the bill.
(Source: Amended at 42 Ill. Reg. 22238, effective November 20, 2018)