(40 ILCS 5/2-147) (from Ch. 108 1/2, par. 2-147)
Sec. 2-147.
State Comptroller.
The State Comptroller in drawing salary warrants on payroll vouchers
for members shall draw such warrants to participants for the
salary specified less the member contributions to be deducted,
as certified
in the vouchers, and shall draw a warrant to the system for
the total of the contributions so withheld on each such payroll voucher.
The warrant drawn to the system, and the additional copy of the payroll,
shall be transmitted immediately to the secretary.
The Comptroller shall draw warrants or prepare direct deposit transmittals
upon the State Treasurer payable
from the funds of this system for purposes of this Article
upon the presentation of vouchers approved by the secretary in
accordance with resolutions of the board, and in
the exercise of the investment authority, upon presentation of vouchers
approved by the director of the Illinois State Board of Investment in
accordance with the order and direction of said board.
(Source: P.A. 83-1440.)
|