IL HB4389

Appropriates $20,744,500 total for the Department of Insurance for fiscal year beginning July 1, 2009, consisting of $19,944,500 from Other State Funds and $800,000 from Federal Funds.

Allocates $7,922,400 from the Insurance Producer Administration Fund for producer administration including personal services ($5,008,600), retirement contributions ($568,400), Social Security ($383,200), group insurance ($1,403,500), contractual services ($266,800), travel ($122,100), and refunds ($169,800).

Allocates $10,609,800 from the Insurance Financial Regulation Fund for financial regulation including personal services ($6,989,500), retirement contributions ($793,100), Social Security ($534,600), group insurance ($1,773,600), contractual services ($218,300), travel ($291,000), and refunds ($9,700).

Allocates $927,300 from the Public Pension Regulation Fund for the Pension Division including personal services ($598,100), retirement contributions ($70,000), Social Security ($45,800), group insurance ($154,200), contractual services ($12,200), and travel ($47,000).

Appropriates $800,000 from the Senior Health Insurance Program Fund for program administration and $485,000 from the Illinois Workers' Compensation Commission Operations Fund for Insurance Fraud Division costs.