(40 ILCS 5/24-106) (from Ch. 108 1/2, par. 24-106)
Sec. 24-106.
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.
(Source: P.A. 78-1277.)
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