Illinois Compiled Statutes 40 Pensions: Article 1A - Regulation Of Public Pension Funds

• Illinois Pension Code. - 40 ILCS 5, Section 1A-101
  Creation of Public Pension Division. There is created in the Department of Insurance a Public Pension Division which, under the supervision and direction of...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-102
  Definitions. As used in this Article, the following terms have the meanings ascribed to them in this Section, unless the context otherwise requires: "Accrued...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-103
  Rules. The Department is authorized to promulgate rules necessary for the administration and enforcement of this Code. Except as otherwise provided under this Code,...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-104
  Examinations and investigations. (a) The Division shall make periodic examinations and investigations of all pension funds established under this Code and maintained for the benefit...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-105
  Examination and subpoena of records and witnesses. The Director may administer oaths and affirmations and summon and compel the attendance before him or her...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-106
  Advisory services. The Division shall render advisory services to the pension funds on all matters pertaining to their operations and shall recommend any corrective...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-107
  Automation of services. The Division shall automate its operations, services, and communications to the fullest practical extent. This automation shall include, but need not...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-108
  Report to the Governor and General Assembly. On or before October 1 following the convening of a regular session of the General Assembly, the...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-108.5
  Economic opportunity investments. (a) For the purposes of this Section: "Economic opportunity investment" means a qualified investment, managed passively or actively by the pension fund,...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-109
  Annual statements by pension funds. Each pension fund shall furnish to the Division an annual statement in a format prepared by the Division. The...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-110
  Actuarial statements by pension funds established under Articles other than 3 or 4. (a) Each pension fund established under an Article of this Code...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-111
  Actuarial statements by pension funds established under Article 3 or 4. (a) Each pension fund established under Article 3 or 4 of this Code...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-112
  Fees. (a) Every pension fund that is required to file an annual statement under Section 1A-109 shall pay to the Department an annual compliance...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-113
  Penalties. (a) A pension fund that fails, without just cause, to file its annual statement within the time prescribed under Section 1A-109 shall pay...
• Illinois Pension Code. - 40 ILCS 5, Section 1A-201
  Advisory Commission on Pension Benefits. (a) There is created an Advisory Commission on Pension Benefits. The Commission shall consist of 15 persons, of whom 8...

Last modified: February 18, 2015