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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 16-122. Actuarial equivalent.

33 words·~1 min read·/il/chapter-40/act-5/16-122

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Sec. 16-122. Actuarial equivalent. "Actuarial equivalent": A benefit or sum of equal value to another benefit or sum when computed on the basis of mortality tables and interest rates adopted by the board.
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