Section 1-111

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Illinois Code › Chapter 40 › Act 5 › Section 1-111

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(40 ILCS 5/1-111) (from Ch. 108 1/2, par. 1-111) Sec. 1-111. Ten Per Cent Limitation of Employer Securities. A plan may not acquire a security issued by an employer of employees covered by the retirement system or pension fund, if immediately after such acquisition, the aggregate fair market value of such employer securities held by the retirement system or pension fund exceed 10 per cent of the fair market value of the assets of the retirement system or pension fund. (Source: P.A. 81-948.)

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