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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 17-103. Actuarial equivalent.

33 words·~1 min read·/il/chapter-40/act-5/17-103

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Sec. 17-103. Actuarial equivalent.
"Actuarial equivalent": A pension equal to the value of another sum or pension when computed according to the actuarial tables and rate of interest in use by the board.
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