{"data":{"id":"us-il/40-ilcs-5-18-117","jurisdiction":"us-il","citation":"40 ILCS 5/18-117","heading":"Prescribed rate of interest.","body":"\"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.","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":"19d7041362ced0a54a0d127b451f7e3b61477d52d95e5e2774fd10054aedf7de","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-18-116","next":"us-il/40-ilcs-5-18-118"},"notice":"GroundRules: Original legal text. Not legal advice."}