reglab/housing_qa huggingface dataset:
40 ILCS 5/15-167
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-167)Sec. 15-167. To invest money. To invest the funds of the system, subject  to the requirements and restrictions set forth in Sections 1A-108.5, 1-109, 1-109.1,  1-109.2, 1-110, 1-111, 1-114, 1-115, and 15-158.2(d) of this  Code and to invest in real estate acquired by  purchase, gift, condemnation or otherwise, and any office building or buildings  existing or to be constructed thereon, including any additions thereto or  expansions thereof, for the use of the system.  The board may lease surplus  space in any of the buildings and use rental proceeds for operation,  maintenance, improving, expanding and furnishing of the buildings or for any  other lawful system purpose.No bank or savings and loan association shall receive investment funds  as permitted by this Section, unless it has complied with the requirements  established pursuant to Section 6 of "An Act relating to certain investments  of public funds by public agencies", approved July 23, 1943, as now or  hereafter amended.  The limitations set forth in such Section 6 shall be  applicable only at the time of investment and shall not require the liquidation  of any investment at any time.The board shall have the authority to enter into such agreements and to  execute such documents as it determines to be necessary to complete any  investment transaction.All investments shall be clearly held and accounted for to indicate ownership  by the board. The board may direct the registration of securities in its  own name or in the name of a nominee created for the express purpose of  registration of securities by a national or state bank or trust company  authorized to conduct a trust business in the State of Illinois.Investments shall be carried at cost or at a value determined in  accordance with generally accepted accounting principles and accounting  procedures approved by the Board.All additions to assets from income, interest, and dividends  from investments shall be used to pay benefits,  operating and administrative expenses of the system, debt service,  including any redemption premium, on any bonds issued by the board,  expenses incurred or deposits required in connection with such bonds, and  such other costs as may be provided in accordance with this  Article.  (Source: P.A. 96-753, eff. 8-25-09.)
40 ILCS 5/15-167.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-167.1)Sec. 15-167.1.         Participation in commingled investment funds-Transfer of  investment functions and securities. (a) The retirement board may invest  in any commingled investment fund or  funds established and maintained by the Illinois State Board of Investment  under Article 22A of this Code. All  commingled fund participations shall be subject to the law governing the  Illinois State Board of Investment and the rules, policies and directives  of that Board.(b) The retirement board may, by resolution duly adopted by a majority  vote of its membership, transfer to the Illinois State Board of Investment  created by Article 22A of this Code, for management and administration, all  investments owned by the system of every kind and character.  Upon completion  of such transfer, the authority of the retirement board to make investments  shall terminate. Thereafter, all investments of the reserves of the system  shall be made by the Illinois State Board of Investment in accordance  with Article 22A of this Code.The transfer shall be made not later than the first day of the fourth  month next following the date of such resolution. Before such transfer, an  audit of the investments shall be completed by a certified public  accountant selected by the Illinois State Board of Investment and approved  by the Auditor General of the State of Illinois. The expense of the audit  shall be assumed by the retirement board.    (Source: P.A. 83-1440.)
40 ILCS 5/15-167.3
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

Sec. 15-167.3. (Repealed).        (Source: P.A. 92-749, eff. 8-2-02. Repealed by P.A. 95-83, eff. 8-13-07.)
40 ILCS 5/15-167.4
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

Sec. 15-167.4. Eminent domain. Notwithstanding any other provision of this Code, any power granted under this Code to acquire property by condemnation or eminent domain is subject to, and shall be exercised in accordance with, the Eminent Domain Act.  (Source: P.A. 94-1055, eff. 1-1-07.)
40 ILCS 5/15-168
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-168)Sec. 15-168. To require information.(a) To require such information as shall be necessary for the proper  operation of the system from any participant or beneficiary or annuitant or from any current or former  employer of a participant or annuitant. Such information may include, but is not limited to, employment  contracts.(b) When the System submits a request for information under subsection (a) of this Section, the  employer shall respond within 90 calendar days of the System's request. Beginning on the 91st  calendar day after the System's request, the System may assess a penalty of $250 per calendar  day until receipt of the information by the System, with a maximum penalty of $25,000. All  payments must be received within one calendar year after receipt of the information by the System or one  calendar year of reaching the maximum penalty of $25,000, whichever occurs earlier. If the  employer fails to make complete payment within the applicable timeframe, then the System may,  after giving notice to the employer, certify the delinquent amount to the State Comptroller, and  the Comptroller shall thereupon deduct the certified delinquent amount from State funds payable  to the employer and pay them instead to the System.(c) If a participant, beneficiary, or annuitant fails to provide any information that is necessary for  the calculation, payment, or finalization of any benefit under this Article within 90 calendar days  of the date of the System's request under subsection (a) of this Section, then the System may  immediately cease processing the benefit and may not pay any additional benefit payment  to the participant, beneficiary, or annuitant until  the requested information is provided.(Source: P.A. 98-92, eff. 7-16-13; 99-450, eff. 8-24-15; 99-897, eff. 1-1-17.)
40 ILCS 5/15-168.1
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

Sec. 15-168.1. Testimony and the production of records. The secretary of  the Board shall have  the power to issue subpoenas to compel the attendance of witnesses and the  production of documents and records, including law enforcement records  maintained by law enforcement agencies, in conjunction with:(1) the determination of employer payments required     under subsection (g) of Section 15-155;(2) a disability  claim;(3) an administrative review proceeding;(4) an attempt to obtain information to assist in the     collection of sums due to the System;(5) obtaining any and all personal identifying     information necessary for the administration of benefits;(6) the determination of the death of a benefit     recipient or a potential benefit recipient; or(7) a felony forfeiture investigation.The fees of witnesses for attendance and travel shall be the same as the fees  of witnesses before the circuit courts of this State and shall be paid by the  party seeking the subpoena.  The Board may apply to any circuit court in the  State for an order requiring compliance with a subpoena issued under this  Section.  Subpoenas issued under this Section shall be subject to applicable  provisions of the Code of Civil Procedure.  (Source: P.A. 100-556, eff. 12-8-17.)
40 ILCS 5/15-168.2
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

Sec. 15-168.2. Audit of employers.(a) Beginning August 1, 2013, the System may audit the employment records and payroll records of all employers.  When the System audits an employer, it shall specify the exact information it requires, which may include but need  not be limited to the names, titles, and earnings history of every individual receiving compensation from the employer.  If an employer is audited by the System, then the employer must provide to the System all necessary documents and records within 60 calendar days after receiving notification from the System.  When the System audits an employer, it shall send related correspondence by certified mail.(b) When the System submits a request for information under subsection (a) of this Section, the  employer shall respond within 60 calendar days of the System's request. Beginning on the 61st  calendar day after the System's request, the System may assess a penalty of $250 per calendar  day until receipt of the information by the System, with a maximum penalty of $25,000. All  payments must be received by the System within one calendar year after receipt of the  information by the System or one calendar year after reaching the maximum penalty of $25,000, whichever  occurs earlier. If the employer fails to make complete payment within the applicable timeframe,  then the System may, after giving notice to the employer, certify the delinquent amount to the  State Comptroller, and the Comptroller shall thereupon deduct the certified delinquent amount  from State funds payable to the employer and pay them instead to the System.(Source: P.A. 99-897, eff. 1-1-17.)
40 ILCS 5/15-169
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-169)Sec. 15-169. To elect officers and appoint employees. To elect officers; to appoint a secretary and treasurer; to have a seal;  to employ and fix the rate of pay of such actuarial, legal, clerical, audit, medical, or other services, or corporate trustee  organized under the laws of this State with a capital of not less than  $1,000,000, or investment counsel and other persons as shall be required  for the efficient administration of the system.  All actions brought by or against the board shall be prosecuted or  defended by the Attorney General. If the board pursues a mandamus action under Section 15-156 of this Code as amended by Senate Bill No. 1 of the 98th General Assembly in the form passed by the General Assembly, then the board may select the counsel of their choice.   (Source: P.A. 98-92, eff. 7-16-13; 98-598, eff. 12-5-13.)
40 ILCS 5/15-170
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-170)Sec. 15-170.     To maintain records and accounts.To maintain a permanent record of all board proceedings which record  shall be available for examination by any participant, annuitant or officer  of the State of Illinois; to maintain a separate record for each individual  participant and annuitant; to maintain adequate accounting records which  shall at all times reflect the financial condition of the system, and such  additional data as shall be necessary for required calculations, valuations  and operation of the system; to have any of the foregoing records  photographed, microfilmed or otherwise reproduced, which photographs,  microfilms or reproductions shall be deemed original records for all  purposes, including introduction in evidence before all courts and  administrative agencies.    (Source: P.A. 77-616.)
40 ILCS 5/15-171
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-171)Sec. 15-171. To receive, record and deposit payments.   To receive all payments made to the system; to make a record thereof;  and to cause all payments to be deposited immediately with the treasurer of  the system. The Board may delegate the actions prescribed under this Section to persons employed by  the System.   (Source: P.A. 98-92, eff. 7-16-13.)
40 ILCS 5/15-172
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-172)Sec. 15-172. To certify warrants, checks, or drafts. To provide for certification on its behalf by its   secretary of all warrants, checks, or drafts upon its depository bank or corporate trustee in accordance with the by-laws and actions of  the board authorizing payments for benefits, expenses,  investments and debt service, including any redemption premium and  required deposits for any bonds of the board, out  of funds belonging to this system.  (Source: P.A. 98-92, eff. 7-16-13.)
40 ILCS 5/15-173
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-173)Sec. 15-173. To cause actuarial analyses.   To cause a general investigation to be made by a competent actuary, at  least once every 3 years, of the retirement, disability, separation,  mortality, interest, and employee earnings rates; to recommend, as a result  of each such investigation, the tables to be adopted for all required  actuarial calculations; and to cause an annual determination to be made by  a competent actuary of the liabilities and reserves of the system and an  annual determination of the amount and distribution of the required  employer contributions.  (Source: P.A. 99-232, eff. 8-3-15.)
40 ILCS 5/15-174
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-174)Sec. 15-174.     To have an audit.To cause an audit of the affairs of the system to be made annually by an  independent certified public accountant; and to submit a copy thereof to  the Governor of the State as soon as possible after the end of each fiscal  year.    (Source: Laws 1963, p. 161.)
40 ILCS 5/15-175
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-175)Sec. 15-175.     To provide statements.To make available to the participants and annuitants a financial  statement including a summary of the report of the certified public  accountant; and to submit an individual statement specifying the  accumulations to the credit, as of the latest date practicable, of any  participant so requesting.    (Source: Laws 1963, p. 161.)
40 ILCS 5/15-176
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-176)Sec. 15-176.     To accept gifts.     To accept any gift, grant or bequest of any money or securities; if the  grantor designates cash benefits for some or all of  the system's participants or annuitants, to carry  out such intent; if no such intent is designated,  to reduce the costs of the State.    (Source: P.A. 83-1440.)
40 ILCS 5/15-177
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-177)Sec. 15-177. To make rules.   To establish by-laws; to fix the number necessary for a quorum; to set  up an executive committee of its members to exercise all powers of the  board except as limited by the board; to establish rules and regulations,  not inconsistent with the provisions of this Article, as are necessary for  the administration of the system; and generally to carry on any other  reasonable activities which are deemed necessary to accomplish the purposes  of this system, including without limitation the time and manner of reporting contributions by participants and, if applicable, contributions by employers.  (Source: P.A. 98-92, eff. 7-16-13.)
40 ILCS 5/15-178
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-178)Sec. 15-178. Duties of the State Comptroller and payroll officers. The State Comptroller and employer payroll officers, in drawing warrants  and checks for items of salary on payroll vouchers certified by  employers, shall draw such warrants and checks  to participating employees for the amount of salary or wages specified  for the period, and shall draw a warrant,                check, or electronic funds transfer to this system for the  total of the contributions required under Section 15-157. All  warrants and electronic funds transfers covering such contributions, and          a deduction register pertaining to the  payroll supplied by the employer, shall be  transmitted immediately to the board.The Comptroller shall draw warrants or prepare direct deposit transmittals  upon the State Treasurer payable  from funds appropriated for the purposes specified in this Article upon  the presentation of vouchers approved by the board.       (Source: P.A. 95-83, eff. 8-13-07.)
40 ILCS 5/15-179
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-179)Sec. 15-179.         Duties of Director of Central Management  Services. The Director of Central Management Services in considering payroll  vouchers required by  "An Act in relation to State Finance", approved June 10, 1919, as  amended, to be approved by the Department of Central Management  Services before warrants are  drawn by the State Comptroller shall approve such payroll vouchers  only if they are prepared in accordance with Section 15-181 and shall not  withhold approval of any payroll because it is prepared in accordance  with Section 15-181.  The Director of Central Management Services, in  passing on payroll vouchers required by the "Personnel Code", approved July  18, 1955, as amended, shall approve the vouchers if they are prepared in  accordance with Section 15-181.    (Source: P.A. 83-1440.)
40 ILCS 5/15-181
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-181)Sec. 15-181.     Duties of employers.(a) Each employer, in preparing payroll vouchers for participating  employees, shall indicate, in addition to other information: (1) the amount of  employee contributions and survivors insurance contributions required under  Section 15-157, (2) the gross earnings payable to each employee, and (3) the  total of all contributions required under Section 15-157.(b) Each employer, in drawing warrants or checks against trust or  federal funds for items of salary on payroll vouchers certified by employers,  shall draw such warrants or checks to participating employees for the amount  of cash salary or wages specified for the period, and shall draw a warrant or  check to this system for the total of the contributions required under Section  15-157.  The warrant or check drawn to this system, together with the  additional copy of the payroll supplied by the employer, shall be transmitted  immediately to the board.(c) The City of Champaign and the City of Urbana, as employers of persons  who participate in this System pursuant to subsection (h) of Section 15-107,  shall each collect and transmit to the System from each payroll the employee  contributions required under Section 15-157, together with such payroll  documentation as the Board may require, at the time that the payroll is paid.    (Source: P.A. 90-576, eff. 3-31-98; 91-887, eff. 7-6-00.)
40 ILCS 5/15-183
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-183)Sec. 15-183.     Authorizations.     Payment of salary as prescribed by law  or as contracted by an employer shall together with the rights in the  benefits provided by this system, be a full and complete discharge of  all claims of payments for service rendered by an employee during the  period covered by the payment.    (Source: P.A. 81-1165.)
40 ILCS 5/15-184
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-184)Sec. 15-184.     Undivided interest.     The assets of the system shall be invested as one fund, and no  particular person, group of persons or entity shall have any right in any  specific security or property or in any item of cash, other than an  undivided interest in the whole except as otherwise provided in this Article.The changes to this Section and Sections 15-155, 15-167 and 15-172 made  by this amendatory Act of 1989, and Section 15-167.2, shall be applicable  to all participants, annuitants and beneficiaries now or hereafter covered  by this Article.    (Source: P.A. 86-1034.)
40 ILCS 5/15-185
2021 Illinois Compiled Statutes|Chapter 40 - PENSIONS|40 ILCS 5/ - Illinois Pension Code.|Article 15 - State Universities Retirement System

 (from Ch. 108 1/2, par. 15-185)Sec. 15-185.     Annuities, etc., exempt.     The accumulated employee and  employer contributions shall be held in trust for each participant and  annuitant, and this trust shall be treated as a spendthrift trust.  Except  as provided in this Article, all cash, securities and other property of  this system, all annuities and other benefits payable under this Article  and all accumulated credits of participants and annuitants in  this system and the right of any person to receive an annuity or other  benefit under this Article, or a refund of contributions, shall not be  subject to judgment, execution, garnishment,  attachment, or other seizure by process, in bankruptcy or otherwise, nor  to sale, pledge, mortgage or other alienation, and shall not be assignable.  The board, however, may deduct from the benefits, refunds and credits  payable to the participant, annuitant or beneficiary, amounts owed  by the  participant or annuitant to the system.  No attempted sale, transfer or  assignment of any benefit, refund or credit shall prevent the right of the  board to make the deduction and offset authorized in this Section.  Any  participant or annuitant may authorize the board to deduct from disability  benefits or annuities, premiums due under any group hospital-surgical insurance  program which is sponsored or approved by any employer; however, the deductions  from disability benefits may not begin prior to 6 months after the disability  occurs.A person receiving an annuity or benefit under this Article  may also  authorize withholding from that annuity or benefit for the purposes  enumerated in and in accordance with the provisions of the State Salary and  Annuity Withholding Act.This Section is not intended to, and does not, affect the calculation of  any benefit under this Article or dictate how or to what extent employee or  employer contributions are to be taken into account in calculating benefits.  This amendatory Act of the 91st General Assembly is a clarification of  existing law and applies to every participant and annuitant without regard to  whether status as an employee terminates before the effective date of this  amendatory Act.Public Act 86-273 is a clarification of  existing law and shall be applicable to every participant and annuitant without  regard to whether status as an employee terminates before the effective date of  that Act.    (Source: P.A. 90-65, eff. 7-7-97; 90-448, eff. 8-16-97; 90-511, eff.  8-22-97; 90-655, eff. 7-30-98; 91-887, eff. 7-6-00.)