(40 ILCS 5/7-124)
(from Ch. 108 1/2, par. 7-124)
Prescribed rate of interest.
"Prescribed rate of interest": The rate of interest to be used for
calculation of the rates of municipality contributions and amounts of
annuities and benefits as determined by the board on the basis of the
probable effective rate of interest on a long term basis.
(Source: Laws 1963, p. 161.)