Illinois Statutes
§ 1A-106 — Advisory services
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 1A - Regulation Of Public Pension Funds
The Division shall render advisory services to the pension funds on all matters pertaining to their operations and shall recommend any corrective or clarifying legislation that it may deem necessary. These recommendations shall be made in the report of examination of the particular pension fund and in the biennial report to the General Assembly under Section 1A-108. The recommendations may embrace all substantive legislative and administrative policies, including, but not limited to, matters dealing with the payment of annuities and benefits, the investment of funds, and the condition of the books, records, and accounts of the pension fund.
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Legislative History
(Source: P.A. 90-507, eff. 8-22-97.)
Nearby Sections
15
§ 1A-102
Definitions§ 1A-103
Rules§ 1A-104
Examinations and investigations§ 1A-106
Advisory services§ 1A-107
Automation of services§ 1A-108.5
Economic opportunity investments§ 1A-110
§ 1A-110§ 1A-111
§ 1A-111§ 1A-112
Fees§ 1A-113
Penalties