ILCS » Chapter 40 · Act 5
Illinois Compiled Statutes

40 ILCS 5/1A-106 (2026)

Advisory services

✓ current as of May 2026
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(40 ILCS 5/1A-106)
    Sec. 1A-106. Advisory services. The Division shall render advisory services to the pension funds on all matters pertaining to their operations and shall recommend any corrective or clarifying legislation that it may deem necessary. These recommendations shall be made in the report of examination of the particular pension fund and in the biennial report to the General Assembly under Section 1A-108. The recommendations may embrace all substantive legislative and administrative policies, including, but not limited to, matters dealing with the payment of annuities and benefits, the investment of funds, and the condition of the books, records, and accounts of the pension fund.
(Source: P.A. 90-507, eff. 8-22-97.)

    
Notes of Decisions
Cited in 4 cases (3 in the last 5 years), 2016–2022 · leading case: Vill. of Hanover Park v. Bd. of Trs. of the Vill. of Hanover Park Police Pension Fund, 2021 IL App (2d) 200380 (Ill. App. Ct. 2021).
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Vill. of Hanover Park v. Bd. of Trs. of the Vill. of Hanover Park Police Pension Fund, 2021 IL App (2d) 200380 (Ill. App. Ct. 2021). · cites it 2× “” See 40 ILCS 5/1A-106 (West 2014) (which permits the Pension Division to “render advisory services to the pension funds on all matters pertaining to their operations”).”
Cronholm v. Bd. of Trs. of the Lockport Fire Prot. Dist. Firefighters' Pension Fund, 2016 IL App (3d) 150122 (Ill. App. Ct. 2016). · cites it 3× “¶4 The Board requested an advisory opinion from its regulator, the Illinois Department of Insurance (DOI), pursuant to section 1A-106 of the Pension Code (40 ILCS 5/1A-106 (West 2010)) regarding whether Cronholm’s work as the chief administrator of the fire department…”
Vill. of Hanover Park v. Bd. of Trs. of the Vill. of Hanover Park Police Pension Fund, 2021 IL App (2d) 200380 (Ill. App. Ct. 2021). · cites it 2× “” See 40 ILCS 5/1A-106 (West 2014) (which permits the Pension Division to “render advisory services to the pension funds on all matters pertaining to their operations”).”
Brucki v. Orland Fire Prot. Dist., 2022 IL App (1st) 220288-U (Ill. App. Ct. 2022). “See 40 ILCS 5/1A-106 (West 2018). While we recognize that we must afford considerable deference to the Department’s interpretation of the Pension Code – as it was given the responsibility for providing advisory services to funds covered by the Pension Code “on all matters…”
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