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This document is an act from the State of Illinois that concerns foreclosure prevention programs and provides measures and funds for addressing abandoned residential properties. It outlines the establishment
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Obtain a copy of Public Act 097-1164 from the appropriate government website.
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Public Act 097-1164 is a legislation enacted in Illinois that requires certain pension funds to report on their investment costs and fees, ensuring transparency regarding fees charged by investment managers.
Public Act 097-1164 requires public pension funds in Illinois with more than $100 million in assets to file reports in compliance with this law.
To fill out Public Act 097-1164, public pension funds must gather detailed information regarding their investment costs and fees, then complete a standardized form as prescribed by the law.
The purpose of Public Act 097-1164 is to increase transparency in the pension fund investment management process and to provide members, stakeholders, and the public with clear information about the costs associated with managing pension funds.
Public Act 097-1164 requires reporting on investment management fees, costs related to investment transactions, and other expenses incurred in the operation of pension funds.
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