Illinois Code § 40 ILCS 5/13-804

Accounting.
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An adequate system of accounts and records
shall be established which will give effect to all requirements of this
Article. Individual employee accounts shall be maintained, to which shall
be credited contributions by salary deductions or otherwise, and such
interest increments thereon as are provided herein. The assets of the Fund
shall be credited according to the purposes for which they are held.

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