Illinois Statutes
§ 18-117 — Prescribed rate of interest
Illinois § 18-117
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 18 - Judges Retirement System Of Illinois
This text of Illinois § 18-117 (Prescribed rate of interest) 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. 18-117 (2026).
Text
"Prescribed rate of interest": 4% per annum compounded annually, or such other rate prescribed by the board based on expected long term investment returns and the experience of the system.
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Legislative History
(Source: P.A. 83-1440.)
Nearby Sections
15
§ 18-101
Creation of fund§ 18-102
Purpose§ 18-103
Terms defined§ 18-104
Effective date§ 18-105
System§ 18-106
Board§ 18-107
Employer§ 18-108
Judge§ 18-109
Eligible judge§ 18-110
Participant§ 18-111
Salary§ 18-112
§ 18-112§ 18-112.1
§ 18-112.1§ 18-112.3
§ 18-112.3Cite This Page — Counsel Stack
Bluebook (online)
Illinois § 18-117, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/18-117.