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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 4-120. Reserves.

39 words·~1 min read·/il/chapter-40/act-5/4-120

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Sec. 4-120. Reserves. The board shall establish and maintain a reserve to insure the payment of all obligations incurred under this Article. The reserve to be accumulated shall be equal to the estimated total actuarial requirements of the Fund.
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