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Title:  

Article 3 and 4 Pension Plans as They Relate to Social Security Replacement Plan Rules and Guidance for Comparability Testing

 
 Volume/Number:  2024 June 4 
 Issuing Agency:   
 Description:  COGFAs actuary provides an analysis of Article 3 and Article 4 pension funds relating to satisfying the Internal Revenue Code Safe Harbor provision that allows a public sector pension plan to operate independently of Social Security, or as a Social Security Replacement Plan. The analysis concludes that that because of the Tier 2 accrual formula and pensionable salary calculation, Downstate Police and Fire pension funds generally satisfy the Safe Harbor provision. The actuary notes that some plans may fall out of compliance decades into the future, particularly those funds whose salary characteristics skew heavily towards the higher end of the earnings spectrum. In cases where non-compliance with the Safe Harbor provision is at issue, individual testing at the local level would be required. 
 Date Created:  06-04-2024 
 Agency ID:   
 ISL ID:  000000107215   Original UID: 213838 FIRST WORD: Article 
2:

Title:  

Abstracts of State Reports

 
 Volume/Number:  2024 May 
 Issuing Agency:   
 Description:  The CGFA staff is required to prepare abstracts of reports required to be filed with the General Assembly (25 ILCS 130/10-6). 
 Date Created:  05-20-2024 
 Agency ID:  Publication 593 
 ISL ID:  000000106990   Original UID: 213599 FIRST WORD: Abstracts 
3:

Title:  

Abstracts of State Reports

 
 Volume/Number:    
 Issuing Agency:   
 Description:  The CGFA staff is required to prepare abstracts of reports required to be filed with the General Assembly (25 ILCS 130/10-6). 
 Date Created:   
 Agency ID:   
 ISL ID:  000000107130   Original UID: FIRST WORD: Abstracts 
4:

Title:  

Assistance for Illinois Businesses: Resources on Governmental Assistance for Businesses within Illinois

 
 Volume/Number:  2015 August 
 Issuing Agency:   
 Description:  This publication presents information on governmental sources of assistance to help businesses open, expand, or relocate in Illinois. 
 Date Created:  08-26-2015 
 Agency ID:  Publication 391 
 ISL ID:  000000094975   Original UID: 204680 FIRST WORD: Assistance 
5:

Title:  

Assistance for Illinois Businesses: Resources on Governmental Assistance for Businesses within Illinois

 
 Volume/Number:  2022 August 
 Issuing Agency:   
 Description:  This publication presents information on government sources of assistance to help businesses open, expand, or relocate in Illinois. 
 Date Created:  12-13-2022 
 Agency ID:  Publication 535 
 ISL ID:  000000100655   Original UID: 206714 FIRST WORD: Assistance