40 ILCS 5/14-103.25: Actuarial equivalent.
Where this section sits in the code
- CHAPTER 40 PENSIONS
- Illinois Pension Code.
"Actuarial equivalent": An annuity or benefit of equal value to the contributions plus regular interest, annuity or other benefit, when computed upon the basis of the actuarial tables in use by the system.
Collected 2026-09-15T04:46:20Z. Source file · JSON