PEN CD-ART 3 & 4 INVESTMENTS House SponsorsRep. Mark H. Beaubien, Jr. 1/11/2011HouseSession Sine Die 40 ILCS 5/1-113.4 Amends the Illinois Pension Code. Provides that, if a downstate police or fire pension fund has net assets of $10,000,000 or more and if it uses the services of an investment management consultant or an investment manager, then the pension fund's total investment in the specified types of investments shall not exceed 50% of the market value of the pension fund's net present assets stated in its most recent annual report on file with the Division of Insurance of the Department of Financial and Professional Regulation. Provides that, if a downstate police or fire pension fund has net assets of less than $10,000,000 or if does not use the services of an investment management consultant or an investment manager, then the pension fund's total investment in those types of investment shall not exceed 35% of the market value of the pension fund's net present assets stated in its most recent annual report on file with the Division of Insurance of the Department of Financial and Professional Regulation. 2/10/2009HouseFiled with the Clerk by Rep. Mark H. Beaubien, Jr. 2/10/2009HouseFirst Reading 2/10/2009HouseReferred to Rules Committee 2/18/2009HouseAssigned to Executive Committee 3/13/2009HouseRule 19(a) / Re-referred to Rules Committee 1/11/2011HouseSession Sine Die