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Illinois Statutes Chapter 40. Pensions § 5/12-123. Age

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

§ 12-123. Age. “Age”: Age at the latest birthday. In the computation of any retirement annuity, the actuarial factor shall be prorated for the number of days between the employee's last birthday and his age on the effective date of the annuity.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 40. Pensions § 5/12-123. Age - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-40-pensions/il-st-sect-40-5-12-123/

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