SB0842 EngrossedLRB099 06842 EFG 26916 b

1    AN ACT concerning public employee benefits.
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
4    Section 5. The Illinois Pension Code is amended by changing
5Section 6-188 as follows:
6    (40 ILCS 5/6-188)  (from Ch. 108 1/2, par. 6-188)
7    Sec. 6-188. To submit annual report to city council.
8    To submit a report annually in June to the city council.
9The report shall be made as of the close of business on
10December 31st of the preceding year, and shall contain a
11detailed statement of the affairs of the fund, its income and
12disbursements for such year, its assets and liabilities, the
13amount of revenue needed from all sources to fund those
14liabilities, and the status of the fund reserves.
15(Source: Laws 1963, p. 161.)