40 ILCS 5/18-117: Prescribed rate of interest.
Where this section sits in the code
- CHAPTER 40 PENSIONS
- 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