40 ILCS 5/16-122: Actuarial equivalent.
Where this section sits in the code
- CHAPTER 40 PENSIONS
- Illinois Pension Code.
"Actuarial equivalent": A benefit or sum of equal value to another benefit or sum when computed on the basis of mortality tables and interest rates adopted by the board.
Collected 2026-10-27T05:12:35Z. Source file · JSON