Bill Title: Amends the Illinois State Auditing Act. Requires the State Actuary to conduct a full-scope audit of each of the 5 State-funded retirement systems at least once every 5 years. The audit must fully replicate the actuarial valuation used to report the financial condition of the system and shall include an examination of methods and assumptions used for the actuarial valuation for reasonableness and internal consistency. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2015-05-06 - Added Chief Co-Sponsor Rep. Carol Sente [HB3178 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-02-25	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
House Amendment 001	2015-03-23	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB3178 currently on file.

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