Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Chicago Teachers | 11,104.8 | 66,905 | 47.9 | 91.7 | Chicago Public School Teachers Pension and Retirement Fund |
| Illinois Municipal | 38,751.1 | 450,303 | 90.0 | 100.0 | Illinois Municipal Retirement Fund |
| Illinois SERS | 17,463.3 | 138,702 | 36.5 | 70.4 | Illinois State Employees Retirement System |
| Illinois Teachers | 51,969.5 | 300,409 | 40.7 | 59.0 | Illinois Teachers Retirement System |
| Illinois Universities | 19,321.1 | 232,993 | 42.8 | 86.4 | Illinois State Universities Retirement System |
| Chicago Municipal | 3,914.2 | 74,436 | 25.0 | 33.3 | Chicago Municipal Employees |
| Chicago Police | 2,905.1 | 27,790 | 23.8 | 63.8 | Chicago Police |
| Cook County ERS | 9,862.0 | 53,171 | 60.8 | 97.6 | Cook County Employees |
Source: Public Plans Database (as of 2018)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2017
| Fiscal Year | IL | US |
|---|---|---|
| 2001 | 4.7 | 2.9 |
| 2002 | 4.7 | 3.0 |
| 2003 | 5.3 | 3.4 |
| 2004 | 17.3 | 4.2 |
| 2005 | 4.9 | 3.8 |
| 2006 | 3.8 | 3.7 |
| 2007 | 4.4 | 3.9 |
| 2008 | 5.0 | 4.2 |
| 2009 | 7.8 | 4.4 |
| 2010 | 8.4 | 4.6 |
| 2011 | 8.0 | 4.9 |
| 2012 | 9.6 | 5.0 |
| 2013 | 9.1 | 5.2 |
| 2014 | 10.9 | 5.6 |
| 2015 | 10.6 | 5.8 |
| 2016 | 11.9 | 6.1 |
| 2017 | 12.2 | 6.0 |