GroundRules
UIC § 827
Where this section sits in the code
- Unemployment Insurance Code - UIC
- DIVISION 1. UNEMPLOYMENT AND DISABILITY COMPENSATION [100. - 4751.]
- PART 1. UNEMPLOYMENT COMPENSATION [100. - 2129.]
- CHAPTER 3. Scope or Coverage [601. - 832.]
- ARTICLE 6. Financing Unemployment Insurance Coverage for Public School Employees [821. - 832.]
Whenever the unencumbered balance of interest deposited in or earned by the School Employees Fund, after deducting administrative expenses paid or encumbered, exceeds two million dollars ($2,000,000) as of the close of each fiscal year, the unencumbered balance shall be credited as of the close of that fiscal year to the account of each school employer which has a positive balance in the fund, in the proportion that each positive account balance bears to the total of all positive account balances.
Collected 2026-09-14T05:56:33Z. Source file · JSON