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 DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Rep. Mazzochi passes first bill to Senate
Newly elected state Rep. Deanne Mazzochi’s (R-Elmhurst) first bill calling for more transparency for public pensions has passed the House in a near-unanimous vote.
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Report: Average pensioner in Illinois Municipal Retirement Fund earns $40,034 per year
The Illinois Municipal Retirement Fund had 175,019 active participants receiving an average salary of $40,034 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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GOP House reps give their nod to pension limitations
With billions of dollars in looming pension debt, almost every GOP state House member approved a bill during the May 28 House Floor debate that limits the Illinois Municipal Retirement Fund (IMRF).
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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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From Chicago City Wire
Police pension fund changes bring questions from GOP House panel members
Illinois' budget being depleted deleted daily by the pension crisis had Republicans seriously questioning Democratic-sponsored retirement legislation.
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City of Oakbrook Terrace City Council met March 14.
City of Oakbrook Terrace City Council met Wednesday, March 14.
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Rankings: 10 best funded pensions in DuPage County
West Chicago, Oak Brook and Clarendon Hills have government pension funds with the highest funding levels in DuPage County, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
West Chicago, Oak Brook and Clarendon Hills have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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City of Oakbrook Terrace City Council and Committee of the Whole met November 14.
City of Oakbrook Terrace City Council and Committee of the Whole met Tuesday, Nov. 14.
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DuPage County Finance Committee met November 14.
DuPage County Finance Committee met Tuesday, Nov. 14.
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DuPage County Board met November 28
DuPage County Board met 10 a.m. Tuesday, November 28.
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DuPage County Finance Committee met November 14.
DuPage County Finance Committee met at 8 a.m. Tuesday, November 14.
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City of Belleville City Council met August 7.
City of Belleville City Council met Monday, Aug. 7.
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City of Darien City Council met July 17.
City of Darien City Council met Monday, July 17.
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Here are the 43 former employees of York Township receiving the highest annual pension payouts
Here are the 43 former employees of York Township receiving the highest annual pension payouts, according to 2015 Illinois Municipal Retirement Fund (IMRF) records:
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Who are York Township's highest-paid employees?
Here are the 34 highest-paid employees of York Township, according to 2015 Illinois Municipal Retirement Fund (IMRF) records:
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Here are the 8 former employees of Wheatland Township receiving the highest annual pension payouts
Here are the 8 former employees of Wheatland Township receiving the highest annual pension payouts, according to 2015 Illinois Municipal Retirement Fund (IMRF) records:
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Here are the 13 former employees of Winfield Township receiving the highest annual pension payouts
Here are the 13 former employees of Winfield Township receiving the highest annual pension payouts, according to 2015 Illinois Municipal Retirement Fund (IMRF) records:
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Who are Winfield Township's highest-paid employees?
Here are the 19 highest-paid employees of Winfield Township, according to 2015 Illinois Municipal Retirement Fund (IMRF) records: