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PensionWatch

Illinois Municipal Retirement Fund

public plan · State of Illinois · Rockford, IL

ACTIVE
A
Pension Health Score
83/100
Funding Status83% Funded
0%80% threshold100%
$50.4B
Total Assets
$60.7B
Total Liabilities
$10.3B
Unfunded Liability
400,323
Participants

Funding History

What This Means for You

Illinois Municipal Retirement Fund is in excellent financial health at 83% funded. This means for every dollar the plan owes in future benefits, it has 83 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$50.4B$60.7B83.0%$2.3B
2024$49.0B$60.4B81.1%$2.2B
2023$47.2B$63.3B74.6%$2.3B
2022$43.8B$55.4B79.0%$2.7B
2021$42.1B$53.6B78.6%$2.0B