Illinois Statutes
§ 14-103.21 — Actuarial reserves
Illinois § 14-103.21
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 14 - State Employees' Retirement System Of Illinois
This text of Illinois § 14-103.21 (Actuarial reserves) 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. 14-103.21 (2026).
Text
"Actuarial reserves": An accumulation of funds in advance of benefit payments which will be sufficient with respect to each member and his beneficiaries, if any, to pay the prescribed benefits, computed according to the actuarial tables, without further contributions by or on behalf of the member.
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Legislative History
(Source: P.A. 80-841.)
Nearby Sections
15
§ 14-101
Creation of system§ 14-102
Purpose§ 14-103
Terms defined§ 14-103.01
Retirement system or system§ 14-103.02
Board of trustees or board§ 14-103.03
Date of establishment§ 14-103.04
Department§ 14-103.05
Employee§ 14-103.06
Member§ 14-103.07
Annuitant§ 14-103.08
Beneficiary§ 14-103.09
Service§ 14-103.10
§ 14-103.10§ 14-103.11
Rate of Compensation§ 14-103.12
Final average compensationCite This Page — Counsel Stack
Bluebook (online)
Illinois § 14-103.21, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/14-103.21.