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Illinois · Through at least Public Act 104-790

40 ILCS 5/12-107: Reserve.

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Where this section sits in the code
  1. CHAPTER 40 PENSIONS
  2. Illinois Pension Code.

"Reserve": when applied to an annuity means the present value, according to the applicable actuarial tables and rate of interest, of the payments to be made on account of such annuity.

Collected 2026-09-15T04:46:20Z. Source file · JSON

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