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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 18-117. Prescribed rate of interest.

36 words·~1 min read·/il/chapter-40/act-5/18-117

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Sec. 18-117. Prescribed rate of interest. "Prescribed rate of interest": 4% per annum compounded annually, or such other rate prescribed by the board based on expected long term investment returns and the experience of the system.
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