Ill. Admin. Code tit. 50, § 4415.80 - Hearing on Annual Compliance Fee Amount

Current through Register Vol. 46, No. 15, April 8, 2022

A pension fund that wants to challenge the annual compliance fee as calculated by the Public Pension Division pursuant to Section 4415.40 of this Part, and as stated in the notification pursuant to Section 4415.50 of this Part, may submit a written request for hearing pursuant to 50 Ill. Adm. Code 2402 within 15 days after receipt of the notification. The written request shall include the pension fund's reasons for disagreement with the Public Pension Division's calculation of the annual compliance fee and must include a copy of the Public Pension Division notification sent pursuant to Section 4415.50 of this Part. The pension fund will not be assessed late fees pursuant to 50 Ill. Adm. Code 4435 and Section 1A-113 of the Code by the Division of Insurance unless the pension fund loses its administrative hearing under 50 Ill. Adm. Code 2402.

Notes

Ill. Admin. Code tit. 50, § 4415.80

Amended at 30 Ill. Reg. 13176, effective July 24, 2006

Recodified from 4415.80 at 41 Ill. Reg. 4978.

The following state regulations pages link to this page.



State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.