{"data":{"id":"us-il/40-ilcs-5-6-117","jurisdiction":"us-il","citation":"40 ILCS 5/6-117","heading":"Present value.","body":"\"Present value\": The amount of money needed to provide an annuity or benefit at some future date computed according to the applicable mortality and interest tables.","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":"c65c069878cbe5183533c0d45f352bf25f326302ed91734cc950fc467b61ec89","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-6-116","next":"us-il/40-ilcs-5-6-118"},"notice":"GroundRules: Original legal text. Not legal advice."}