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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 12-115. Present value.

29 words·~1 min read·/il/chapter-40/act-5/12-115

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Sec. 12-115. Present value.
"Present value": The amount of funds presently required to provide an annuity or benefit at some future date when computed according to the actuarial tables.
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