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Illinois Statutes Chapter 110. Higher Education § 95/3. Deferred income; inclusion as regular compensation; exclusion for tax withholding

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 3. Any income deferred under this Act shall continue to be included as regular compensation for the purpose of contributing to and receiving benefits from the retirement system of such employee. Any sum so deferred shall not be included in the computation of any federal or State income taxes withheld on behalf of such employee.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 110. Higher Education § 95/3. Deferred income; inclusion as regular compensation; exclusion for tax withholding - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-110-higher-education/il-st-sect-110-95-3/

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