Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE80. PUBLIC OFFICIALS AND EMPLOYEES |
PART2700. STATE (OF ILLINOIS) EMPLOYEES' DEFERRED COMPENSATION PLAN |
SUBPARTH. MISCELLANEOUS |
§2700.860. IRS Levy
Latest version.
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Notwithstanding Section 2700.800 of this Part, the Department may pay from a Participant's or Beneficiary's Account Balance the amount that the Department finds is lawfully demanded under a levy issued by the Internal Revenue Service with respect to that Participant or Beneficiary or is sought to be collected by the United States Government under a judgment resulting from an unpaid tax assessment against a Participant or Beneficiary.
(Source: Added at 30 Ill. Reg. 8408, effective April 21, 2006)