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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 12-126. Actuarial equivalent.

35 words·~1 min read·/il/chapter-40/act-5/12-126

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Sec. 12-126. Actuarial equivalent.
"Actuarial equivalent": An annuity or benefit of equal value to the accumulated contributions, annuity or other benefit, when computed upon the basis of the actuarial tables in use by the fund.
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