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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 13-804. Accounting.

66 words·~1 min read·/il/chapter-40/act-5/13-804

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Sec. 13-804. Accounting. An adequate system of accounts and records shall be established which will give effect to all requirements of this Article. Individual employee accounts shall be maintained, to which shall be credited contributions by salary deductions or otherwise, and such interest increments thereon as are provided herein. The assets of the Fund shall be credited according to the purposes for which they are held.
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