Illinois Statutes
§ 16-122 — Actuarial equivalent
Illinois § 16-122
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 16 - Teachers' Retirement System Of The State Of Illinois
This text of Illinois § 16-122 (Actuarial equivalent) 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. 16-122 (2026).
Text
"Actuarial equivalent": A benefit or sum of equal value to another benefit or sum when computed on the basis of mortality tables and interest rates adopted by the board.
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Legislative History
(Source: P.A. 83-1440.)
Nearby Sections
15
§ 16-101
Creation of system§ 16-102
Application of Article§ 16-103
Terms defined§ 16-104
Retirement system or system§ 16-105
Board§ 16-106
Teacher§ 16-106.1
Full-time teacher§ 16-106.2
Part-time teacher§ 16-106.3
Substitute teacher§ 16-106.4
(Repealed)§ 16-106.41
Tier 1 member§ 16-106.6
Teacher certification§ 16-107
Member§ 16-108
Prior service§ 16-109
Membership serviceCite This Page — Counsel Stack
Bluebook (online)
Illinois § 16-122, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/16-122.