(30 ILCS 105/8f)
Sec. 8f. Public Pension Regulation Fund. The Public Pension Regulation
Fund is created as a special fund in the State Treasury. Except as otherwise provided in the
Illinois Pension Code, all money received by the Illinois Department of
Insurance under the Illinois Pension Code shall be paid into the Fund. The
State Treasurer promptly shall invest the money in the Fund, and all earnings
that accrue on the money in the Fund shall be credited to the Fund. No money
may be transferred from this Fund to any other fund. The General Assembly may
make appropriations from this Fund for the ordinary and contingent expenses of
the Public Pension Division of the Illinois Department of Insurance.
(Source: P.A. 102-1071, eff. 6-10-22.)
|