{"data":{"id":"us-il/40-ilcs-5-14-103.23","jurisdiction":"us-il","citation":"40 ILCS 5/14-103.23","heading":"Regular interest.","body":"\"Regular interest\": Interest at such rate determined from the actual experience of the system as may be prescribed by the board, compounded annually. Credit for regular interest each fiscal year on a member's individual contribution account shall be computed on the accumulated balance in the account at the beginning of each fiscal year.","path":["CHAPTER 40 PENSIONS","Illinois Pension Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=638\u0026ChapterID=9\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"b6af3406b6d8c4e4809171bbfe3a5621196fd7a62c4dfc0593876477d1a0052d","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-14-103.22","next":"us-il/40-ilcs-5-14-103.24"},"notice":"GroundRules: Original legal text. Not legal advice."}