Illinois Compiled Statutes 40 Pensions: Article 22A - Investment Board

• Illinois Pension Code. - 40 ILCS 5, Section 22A-101
  Establishment. The Illinois State Board of Investment is created with authority to manage, invest and reinvest, the reserves, funds, assets, securities and moneys of...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-102
  Definitions. For the purposes of this Article, the following words and phrases shall have the meaning ascribed to them unless the context requires otherwise....
• Illinois Pension Code. - 40 ILCS 5, Section 22A-103
  "Board": The Illinois State Board of Investment. (Source: P.A. 76-1829.)
• Illinois Pension Code. - 40 ILCS 5, Section 22A-104
  Retirement System. "Retirement System": Any pension fund or retirement system governed by Articles 1 to 18, inclusive, of the "Illinois Pension Code", approved March...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-105
  Pension Fund. "Pension Fund": The reserves, funds, assets, securities, monies and property of any pension fund or retirement system. (Source: P.A. 77-611.)
• Illinois Pension Code. - 40 ILCS 5, Section 22A-105.1
  "Education fund": The monies, funds, reserves, assets, securities, and property of the Illinois Bank Examiners' Education Foundation held in the Illinois Bank Examiners' Education...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-106
  "Manage": To invest, reinvest, exchange and to perform all investment functions with regard to reserves, funds, assets, securities and moneys which the board is...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-107
  Invest. "Invest": To acquire, invest, reinvest, exchange or retain property held for a pension fund or education fund, sell and manage the reserves, funds,...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-108
  Investment. "Investment": Any property acquired by the board for a pension fund, any retirement system or education fund. (Source: P.A. 84-1127.)
• Illinois Pension Code. - 40 ILCS 5, Section 22A-108.1
  Investment Advisor: Any person or business entity which provides investment advice to the Board on a personalized basis and with an understanding of the...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-109
  Membership of board. The board shall consist of the following members: (1) Five trustees appointed by the Governor with the advice and consent of the...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-110
  Administration. The board shall appoint a director to administer the affairs of the board subject to and under its supervision and fix his compensation....
• Illinois Pension Code. - 40 ILCS 5, Section 22A-111
  The Board shall manage the investments of any pension fund, retirement system, or education fund for the purpose of obtaining a total return on investments...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-111.1
  Public Employees Deferred Compensation Plan. The Board shall also have the responsibilities imposed on it by Article 24 of this Act in relation to...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-112
  Investment authority. The board shall have the authority to invest funds, subject to the requirements and restrictions set forth in Sections 1-109, 1-109.1, 1-109.2,...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-113
  Transfer of securities and investment functions. (a) As soon as possible or practicable following the enactment of this Article and prior to July 1,...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-113.1
  Investable funds. Each retirement system under the management of the Illinois State Board of Investment shall report to the board from time to time...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-113.2
  State Treasurer. The securities, funds and other assets transferred to The Illinois State Board of Investment or otherwise acquired by the board shall be...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-113.3
  Investable funds of education foundation. The Illinois Bank Examiners' Education Foundation shall report to the board from time to time the amounts of monies...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-114
  Accounting. In the management of pension and education funds the board: (1) may, for investment purposes, commingle all or a part of the invested...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-115
  Audits and reports. At least annually, the books, records, accounts and securities of the board shall be audited by a certified public accountant designated...
• Illinois Pension Code. - 40 ILCS 5, Section 22A-116
  (Repealed). (Source: P.A. 76-1829. Repealed by P.A. 89-657, eff. 8-14-96.)

Last modified: February 18, 2015