Illinois Municipal Retirement Fund
Recent News About Illinois Municipal Retirement Fund View More
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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 Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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From Prairie State Wire
Spain proposal would consolidate police, fire pension funds
Declining asset to accountability ratios, employer contributions and skyrocketing unfunded liability could be alleviated by consolidating downstate police and firefighter pension funds, according to Rep. Ryan Spain (R-Peoria).
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Rankings: 100 best funded pensions in Illinois
Coal City, Marseilles and Princeton have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.