(40 ILCS 5/16-175)
(from Ch. 108 1/2, par. 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
(Source: P.A. 83-1440.)