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| | SB1672 Engrossed | | LRB097 07602 JDS 47713 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Section 6-184 as follows:
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6 | | (40 ILCS 5/6-184) (from Ch. 108 1/2, par. 6-184)
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7 | | Sec. 6-184. To have an audit. To contract with an |
8 | | independent certified
public accounting firm to perform an |
9 | | annual audit of the assets of the fund
and issue a financial |
10 | | opinion. The annual audit shall be in addition to
any |
11 | | examination of the fund by the State Director of Insurance.
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12 | | Beginning with calendar year 2011, and every odd-numbered |
13 | | year thereafter, the board shall prepare a report for inclusion |
14 | | in its annual audit of the annual cost of duty disability to |
15 | | the fund. |
16 | | (Source: P.A. 86-273.)
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