Illinois Statutes
§ 2-115 — Prescribed rate of interest
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 2 - General Assembly Retirement System
"Prescribed rate of interest": 3% per annum compounded annually, or such other rate determined from the actual experience of the system as may be prescribed by the board.
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Legislative History
(Source: Laws 1963, p. 161.)
Nearby Sections
15
§ 2-101
Creation of system§ 2-102
Terms defined§ 2-103
System§ 2-104
Board§ 2-105
Member§ 2-105.1
(Repealed)§ 2-105.2
(Repealed)§ 2-105.4
Tier 1 retiree§ 2-106
Eligible member§ 2-107
Participant§ 2-108
§ 2-108§ 2-108.1
§ 2-108.1§ 2-109
Military service