40 ILCS 5/16-175

40 ILCS 5/16-175
in effect
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(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.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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