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PensionWatch

Illinois Teachers Retirement System

public plan · State of Illinois · Rockford, IL

ACTIVE
C
Pension Health Score
55/100
Funding Status47% Funded
0%80% threshold100%
$63.5B
Total Assets
$135.1B
Total Liabilities
$71.6B
Unfunded Liability
413,153
Participants

Funding History

What This Means for You

Illinois Teachers Retirement System is 47% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $71.6B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$63.5B$135.1B47.0%$4.0B
2024$62.7B$126.3B49.6%$4.3B
2023$58.8B$148.0B39.7%$3.9B
2022$56.5B$115.5B48.9%$3.7B
2021$52.3B$129.7B40.3%$4.0B