(40 ILCS 5/16-175) (from Ch. 108 1/2, par. 16-175)
    Sec. 16-175. To make annual report. To make an annual financial report for each fiscal year ended June 30.
    A copy of the report shall be transmitted to the State Board of Education. The report of the retirement system shall contain a summary of the fiscal transactions for the preceding fiscal year, the amount of the accumulated cash and securities, and a balance sheet indicating the system's financial condition by means of an actuarial valuation.
(Source: P.A. 83-1440.)