40 ILCS 5/12-126

40 ILCS 5/12-126
in effect
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(40 ILCS 5/12-126) (from Ch. 108 1/2, par. 12-126) Sec. 12-126. Actuarial equivalent. "Actuarial equivalent": An annuity or benefit of equal value to the accumulated contributions, annuity or other benefit, when computed upon the basis of the actuarial tables in use by the fund. (Source: Laws 1963, p. 161.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

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