Section 4415.10  Purpose

This Part sets forth the procedural requirements for the submission of the annual compliance fee by pension funds to the Department of  Insurance as required by Section 1A-112 of the Illinois Pension Code [40 ILCS 5/1A-112].  Additionally, this Part will further the directive of the Legislature given to the Public Pension Division of the Department of Insurance to automate its operations as set forth in Section 1A-107 of the Illinois Pension Code [40 ILCS 5/1A-107].

(Source:  Amended at 30 Ill. Reg. 13176, effective July 24, 2006)