Illinois § 7-192 To submit annual statements

Illinois Statutes

§ 7-192 — To submit annual statements

Illinois § 7-192

JurisdictionIllinois

TopicGOVERNMENT

Ch. 40PENSIONS

Act 40 ILCS 5/Illinois Pension Code.

Art.Article 7 - Illinois Municipal Retirement Fund

This text of Illinois § 7-192 (To submit annual statements) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

40 Ill. Comp. Stat. 7-192 (2026).

Text

To submit an annual statement to the governing body of each participating municipality and governing body of each participating instrumentality and to any participating employee upon request, as soon after the end of each calendar year as possible. The statement shall include the following: a. A balance sheet, showing the financial and actuarial condition of the fund as of the end of the calendar year; b. A statement of receipts and disbursements during such year; c. A statement showing changes in the asset, liability, reserve and surplus accounts during such year; d. A detailed statement of investments as of the end of such year; e. Such additional statistics as are deemed necessary for a proper interpretation of the condition of the fund.

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To submit an annual statement to the governing body of each participating municipality and governing body of each participating instrumentality and to any participating employee upon request, as soon after the end of each calendar year as possible. The statement shall include the following: a. A balance sheet, showing the financial and actuarial condition of the fund as of the end of the calendar year; b. A statement of receipts and disbursements during such year; c. A statement showing changes in the asset, liability, reserve and surplus accounts during such year; d. A detailed statement of investments as of the end of such year; e. Such additional statistics as are deemed necessary for a proper interpretation of the condition of the fund.