HB5134 mandates the Illinois Pension Code to require an annual electronic report to stakeholders from the Board of Trustees of the System.
HB5134 amends the Illinois Pension Code by adding a provision that requires the Board of Trustees of the System to make an annual report available to stakeholders. This report must include a list of each annuitant's name, last employer, and zip code, as well as each active participant's name, current employer, and zip code. The report is to be delivered electronically to stakeholders on August 1 of each year.
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- Legal Framework
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