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Code · Illinois · Chapter 40 — PENSIONS · Act 5

Sec. 6-117. Present value.

30 words·~1 min read·/il/chapter-40/act-5/6-117

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Sec. 6-117. Present value.
"Present value": The amount of money needed to provide an annuity or benefit at some future date computed according to the applicable mortality and interest tables.
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