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Illinois · Through at least Public Act 104-790

40 ILCS 5/18-117: Prescribed rate of interest.

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

"Prescribed rate of interest": 4% per annum compounded annually, or such other rate prescribed by the board based on expected long term investment returns and the experience of the system.

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

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