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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 14-103.25. Actuarial equivalent.

37 words·~1 min read·/il/chapter-40/act-5/14-103-25

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Sec. 14-103.25. Actuarial equivalent. "Actuarial equivalent": An annuity or benefit of equal value to the contributions plus regular interest, annuity or other benefit, when computed upon the basis of the actuarial tables in use by the system.
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