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About IMRF
The Illinois Municipal Retirement Fund (IMRF) is the second largest—and best funded—statewide public pension system in Illinois. With more than $33 billion in assets, IMRF partners with local units of government to provide death, disability, and retirement benefits for working and retired public employees. IMRF has more than 102,000 retired members and 175,000 active members working for nearly 3,000 different units of local government, including school districts, counties, cities and villages, and parks and libraries. A major economic engine in Illinois, in 2012 pension payments to IMRF retirees generated $1.7 billion in economic activity statewide. During 2012, IMRF won a prestigious Illinois Performance Excellence award for improving performance and contributing to the economic vitality of the state. IMRF has a modest, sustainable benefit structure. Our benefit promises are supported by legally required member and employer contributions. IMRF invests those contributions, and the