Illinois Code § 40 ILCS 5/15-164

To certify interest rate, to set value of allowances and
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to adopt actuarial tables.
To certify the prescribed and effective rates of interest;
to prescribe rules for the
determination of the value of maintenance, board, living quarters and
personal laundry, and other allowances to employees in lieu of money; and
to adopt all necessary actuarial tables.

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