State Data » Illinois

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 11,038.8 67,538 47.4 78.4 Chicago Public School Teachers Pension and Retirement Fund
Illinois Municipal 45,050.0 461,368 90.7 Illinois Municipal Retirement Fund
Illinois SERS 18,491.9 140,639 37.8 75.9 Illinois State Employees Retirement System
Illinois Teachers 53,262.8 303,373 40.6 Illinois Teachers Retirement System
Illinois Universities 19,717.3 236,039 42.3 73.3 Illinois State Universities Retirement System
Chicago Municipal 4,080.6 76,440 23.3 37.4 Chicago Municipal Employees
Chicago Police 3,162.4 27,927 22.3 62.3 Chicago Police
Cook County ERS 11,491.0 54,116 61.2 93.2 Cook County Employees

Source: Public Plans Database (as of 2019)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018

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 12.1 6.0
2018 12.8 6.4

Source: Public Plans Database and Census of Governments.

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