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(40 ILCS 5/1A-112)
(a) Every pension fund that is required to file an annual statement under
Section 1A-109 shall pay to the Department an annual compliance fee. In the
case of a pension fund under Article 3 or 4 of this Code, (i) prior to the conclusion of the transition period, the annual compliance
fee shall be 0.02% (2 basis points) of the total
assets of the pension
fund, as reported in the most current annual statement of the fund, but not
more than $8,000 and (ii) after the conclusion of the transition period, the annual compliance fee shall be $8,000 and shall be paid by the Consolidated Fund. In the case of all other pension funds and
systems, the annual compliance fee shall be $8,000.
(b) The annual compliance fee shall be due on June 30 for the following
State fiscal year, except that the fee payable in 1997 for fiscal year 1998
shall be due no earlier than 30 days following the effective date of this
amendatory Act of 1997.
(c) Any information obtained by the Division that is available to the public
under the Freedom of Information Act and is either compiled in published form
or maintained on a computer processible medium shall be furnished upon the
written request of any applicant and the payment of a reasonable information
services fee established by the Director, sufficient to cover the total cost to
the Division of compiling, processing, maintaining, and generating the
information. The information may be furnished by means of published copy or on
a computer processed or computer processible medium.
No fee may be charged to any person for information that the Division is
required by law to furnish to that person.
(d) Except as otherwise provided in this Section, all fees and penalties
collected by the Department under this Code shall be deposited into the Public
Pension Regulation Fund.
(e) Fees collected under subsection (c) of this Section and money collected
under Section 1A-107 shall be deposited into the Technology Management Revolving Fund and credited to the account of the Department's Public Pension
Division. This income shall be used exclusively for the
purposes set forth in Section 1A-107. Notwithstanding the provisions of
Section 408.2 of the Illinois Insurance Code, no surplus funds remaining in
this account shall be deposited in the Insurance Financial Regulation Fund.
All money in this account that the Director certifies is not needed for the
purposes set forth in Section 1A-107 of this Code shall be transferred to the
Public Pension Regulation Fund.
(f) Nothing in this Code prohibits the General Assembly from appropriating
funds from the General Revenue Fund to the Department for the purpose of
administering or enforcing this Code.
(Source: P.A. 100-23, eff. 7-6-17; 101-610, eff. 1-1-20.)