40 ILCS 5/17-103

40 ILCS 5/17-103
in effect
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(40 ILCS 5/17-103) (from Ch. 108 1/2, par. 17-103) Sec. 17-103. Actuarial equivalent. "Actuarial equivalent": A pension equal to the value of another sum or pension when computed according to the actuarial tables and rate of interest in use by the board. (Source: Laws 1963, p. 161.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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