Bill Title: Amends the Illinois Pension Code. Changes the schedule for examinations of pension funds established under the Downstate Police or Downstate Firefighter Article from every 3 years to a periodic basis based on a risk review across funds, as determined by the Public Pension Division of the Department of Insurance. Provides that the examination may (instead of shall) include a review of certain information. Effective immediately.

Spectrum: Bipartisan Bill

Status: (Failed) 2019-01-09 - Session Sine Die [SB2490 Detail]

Text: Latest bill text (Engrossed) [HTML]

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