Pensions
Illinois municipal pensions solid. State pensions melting.
The Illinois Municipal Retirement Fund reported a 95.8% funded ratio for 2024. Other Illinois plans would benefit from following its practices. The Illinois Municipal Retirement Fund remains one of the state’s strongest pension systems,…
Without reforms, pension insolvency will eat Chicago…
If Chicago’s pension systems become insolvent, the city will have to reduce benefits or make…
Wait it out? Illinois pensions probably can’t afford to
Illinois’ pension crisis won’t be solved without constitutional reform. Waiting for Tier 1…
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