{"data":{"id":"us-il/40-ilcs-5-1-165","jurisdiction":"us-il","citation":"40 ILCS 5/1-165","heading":"Commission on Government Forecasting and Accountability study.","body":"The Commission on Government Forecasting and Accountability shall conduct a study on the feasibility of:\n(1) the creation of an investment pool to supplement and enhance the investment opportunities available to boards of trustees of the pension funds organized under Articles 3 and 4 of this Code; the study shall include an analysis on any cost or cost savings associated with establishing the system and transferring assets for management under the investment pool; and\n(2) enacting a contribution cost-share component wherein employing municipalities and members of funds established under Articles 3 and 4 of this Code each contribute 50% of the normal cost of the defined-benefit plan.\nThe Commission shall issue a report on its findings on or before December 31, 2011.","path":["CHAPTER 40 PENSIONS","Illinois Pension Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=638\u0026ChapterID=9\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"d1dfe0eaf97190a2f5d9d87d357387eb8d29874af1516d7d66c7caca4cdd9f85","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-1-162","next":"us-il/40-ilcs-5-1-166"},"notice":"GroundRules: Original legal text. Not legal advice."}