Ill. Admin. Code tit. 80 § 2700.760

Current through Register Vol. 48, No. 52, December 27, 2024

Section 2700.760 - Leave of Absence

a) Any Participant who is granted a leave of absence by the Employer may continue to participate in this Plan as long as the leave of absence is approved by the Employer.

b) If an approved leave of absence is terminated by the Employer or Employee without the resumption of the employment relationship, and if the Employee has been removed from the payroll for 30 days, the Participant shall be treated as having a Severance of Employment under this Plan, as of the date of termination of the leave, and may elect a distribution method as provided in Section 2700.730 of this Part.

Ill. Admin. Code tit. 80, § 2700.760

Amended at 30 Ill. Reg. 8408, effective April 21, 2006