Illinois · Through at least Public Act 104-790

40 ILCS 5/7-124: Prescribed rate of interest.

Where this section sits in the code

CHAPTER 40 PENSIONS
Illinois Pension Code.

"Prescribed rate of interest": The rate of interest to be used for calculation of the rates of municipality contributions and amounts of annuities and benefits as determined by the board on the basis of the probable effective rate of interest on a long term basis.

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

Browse this collection