50 Ill. Adm. Code 4435.40
Notification of Noncompliance
Section 4435
Section 4435.40 Notification
of Noncompliance
The Division shall provide
written notification to each pension fund, governmental unit or elected or
appointed official of a governmental unit of the specific provision(s) of the
Code and/or the Department's regulation(s) with which the pension fund, governmental
unit or elected or appointed official of a governmental unit has failed to
comply [40 ILCS 5/1A-113(d)(1)] (see P.A. 90-507, effective August 22, 1997).
Each notification shall clearly state the Code provision(s) and/or regulation
Section(s) violated, the basis for the Division's determination of
noncompliance, the possible penalty amount associated with the noncompliance
and, if applicable, the reasonable time, as determined by Section 4435.50 of
this Part, by which the pension fund, governmental unit or elected or appointed
official of a governmental unit may achieve compliance after receipt of this
notification.