Illinois Administrative Code
Title 50 - INSURANCE
Part 4435 - NONCOMPLIANCE NOTIFICATION AND PENALTIES
Section 4435.30 - Definitions

Universal Citation: 50 IL Admin Code ยง 4435.30
Current through Register Vol. 48, No. 12, March 22, 2024

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 1 A-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).

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