TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER aaa: PENSIONS
PART 4435 NONCOMPLIANCE NOTIFICATION AND PENALTIES
SECTION 4435.30 DEFINITIONS


 

Section 4435.30  Definitions

 

            Actuarial Statement means the informational filing as required by Section 1A-110 or 1A-111 of the Illinois Pension Code [40 ILCS 5/1A-110 and 1A-111] (see P.A. 90-507, effective August 22, 1997), which is filed in conjunction with the annual statement.

 

            Annual Statement means the information filed by pension funds pursuant to Section 1A-109 of the Illinois Pension Code [40 ILCS 5/1A-109] (see P.A. 90-507, effective August 22, 1997).

 

            Annual Compliance Fee means the fee paid to the Department by pension funds pursuant to Section 1A-112 of the Illinois Pension Code [40 ILCS 5/1A-112] (see P.A. 90-507, effective August 22, 1997).

 

            Code means the Illinois Pension Code [40 ILCS 5].

 

            Department means the Department of Insurance of the State of Illinois [40 ILCS 5/1A-102] (see P.A. 90-507, effective August 22, 1997).

 

            Division means the Public Pension Division of the Department of Insurance [40 ILCS 5/1A-102] (see P.A. 90-507, effective August 22, 1997).

 

            Governmental Unit means the State of Illinois, any instrumentality or agency thereof (except transit authorities or agencies operating within or within and without cities with a population over 3,000,000), and any political subdivision or municipal corporation that establishes and maintains a public pension fund [40 ILCS 5/1A-102] (see P.A. 90-507, effective August 22, 1997).

 

            Pension Fund means any public pension fund, annuity and benefit fund, or retirement system established under the Illinois Pension Code [40 ILCS 5/1A-102] (see P.A. 90-507, effective August 22, 1997).