Section 2700.430  Basic Annual Limitation

The maximum amount of the Annual Deferral under the Plan for any calendar year shall not exceed the lesser of the Applicable Dollar Amount or the Participant's Includible Compensation for the calendar year.    The Applicable Dollar Amount in calendar year 2009 is $16,500, adjusted for cost-of-living after 2009 to the extent provided under section 415(d) of the Code.

(Source:  Amended at 33 Ill. Reg. 13451, effective September 14, 2009)