Illinois Municipal Retirement Fund
Recent News About Illinois Municipal Retirement Fund
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Analysis: Illinois Municipal Retirement Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Illinois Municipal Retirement Fund would have lost $3,767,711,758 in 2018, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Rankings: 100 best funded pensions in Illinois
Glen Carbon, Belleville and Swansea have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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$999 million out, $90 million in: Chicago pension funds see the abyss, shrug it off
In 2015, the City of Chicago’s two employee pension funds paid out $999 million to 29,286 retirees.