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Illinois Statutes Chapter 40. Pensions § 5/11-117. Reserve basis

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 11-117. Reserve basis. “Reserve basis”: A method for the calculation of annuities from credited sums by recognized actuarial criteria involving a designated mortality table and a specified rate of interest.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 40. Pensions § 5/11-117. Reserve basis - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-40-pensions/il-st-sect-40-5-11-117/

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