Illinois Statutes

§ 11-117 — Reserve basis

Illinois § 11-117
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 11 - Laborers' And Retirement Board Employees' Annuity And Benefit Fund--Cities Over 500,000 Inhabitants

This text of Illinois § 11-117 (Reserve basis) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
40 Ill. Comp. Stat. 11-117 (2026).

Text

"Reserve basis": A method for the calculation of annuities from credited sums by recognized actuarial criteria involving a designated mortality table and a specified rate of interest.

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Legislative History

(Source: Laws 1963, p. 161.)

Nearby Sections

15
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Bluebook (online)
Illinois § 11-117, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/11-117.