Chicago Municipal Employees Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Chicago Municipal |
4,480.6 |
87,479 |
| Other Plans |
0 |
0 |
| Total |
4,480.6 |
87,479 |
Source: Public Plans Database (as of 2023)
Note: Chicago Municipal Employees has 0 other plans.
Assets
Assets at Year-End
Chicago Municipal Employees
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
5.8 |
| 2002 |
5.1 |
| 2003 |
5.9 |
| 2004 |
6.2 |
| 2005 |
6.4 |
| 2006 |
6.8 |
| 2007 |
7.0 |
| 2008 |
4.7 |
| 2009 |
5.2 |
| 2010 |
5.4 |
| 2011 |
5.1 |
| 2012 |
5.2 |
| 2013 |
5.4 |
| 2014 |
5.2 |
| 2015 |
4.7 |
| 2016 |
4.4 |
| 2017 |
4.6 |
| 2018 |
3.9 |
| 2019 |
4.1 |
| 2020 |
4.1 |
| 2021 |
4.3 |
| 2022 |
4.0 |
| 2023 |
4.5 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Chicago Municipal Employees |
US State and Local Pensions |
| 2001 |
1.8 |
2.4 |
| 2002 |
1.8 |
2.3 |
| 2003 |
1.7 |
2.2 |
| 2004 |
1.5 |
2.1 |
| 2005 |
1.5 |
2.1 |
| 2006 |
1.5 |
2.0 |
| 2007 |
1.5 |
2.0 |
| 2008 |
1.4 |
1.9 |
| 2009 |
1.4 |
1.9 |
| 2010 |
1.3 |
1.8 |
| 2011 |
1.4 |
1.7 |
| 2012 |
1.3 |
1.6 |
| 2013 |
1.3 |
1.6 |
| 2014 |
1.2 |
1.5 |
| 2015 |
1.2 |
1.5 |
| 2016 |
1.2 |
1.4 |
| 2017 |
1.2 |
1.4 |
| 2018 |
1.2 |
1.4 |
| 2019 |
1.3 |
1.3 |
| 2020 |
1.2 |
1.3 |
| 2021 |
1.3 |
1.2 |
| 2022 |
1.4 |
1.2 |
| 2023 |
1.4 |
1.2 |
2023 Membership for Chicago Municipal Employees
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 36,968 |
26,028 |
2,245 |
87,479 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Chicago Municipal Employees
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-147.1 |
5,820.8 |
| 2002 |
-154.5 |
5,128.2 |
| 2003 |
-167.3 |
5,922.8 |
| 2004 |
-258.8 |
6,242.7 |
| 2005 |
-288.2 |
6,356.9 |
| 2006 |
-294.5 |
6,841.1 |
| 2007 |
-317.0 |
7,010.0 |
| 2008 |
-322.3 |
4,740.1 |
| 2009 |
-352.0 |
5,166.2 |
| 2010 |
-369.2 |
5,435.6 |
| 2011 |
-413.9 |
5,053.2 |
| 2012 |
-459.8 |
5,182.7 |
| 2013 |
-496.3 |
5,421.7 |
| 2014 |
-525.5 |
5,179.5 |
| 2015 |
-552.1 |
4,741.4 |
| 2016 |
-586.6 |
4,436.2 |
| 2017 |
-498.1 |
4,554.0 |
| 2018 |
-434.9 |
3,914.2 |
| 2019 |
-394.5 |
4,080.6 |
| 2020 |
-325.8 |
4,090.2 |
| 2021 |
-280.3 |
4,308.3 |
| 2022 |
73.4 |
3,951.8 |
| 2023 |
168.9 |
4,480.6 |
2023 Cash Flows for Chicago Municipal Employees (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 1,271.8 |
1,103.0 |
360.0 |
528.8 |
Cash Flow as a Percentage of Assets
Chicago Municipal Employees
2001-2023
| Fiscal Year |
Chicago Municipal Employees |
National Average |
| 2001 |
-2.5 |
-2.1 |
| 2002 |
-3.0 |
-2.0 |
| 2003 |
-2.8 |
-2.5 |
| 2004 |
-4.1 |
-2.0 |
| 2005 |
-4.5 |
-2.2 |
| 2006 |
-4.3 |
-2.5 |
| 2007 |
-4.5 |
-2.1 |
| 2008 |
-6.8 |
-2.4 |
| 2009 |
-6.8 |
-3.2 |
| 2010 |
-6.8 |
-3.2 |
| 2011 |
-8.2 |
-3.1 |
| 2012 |
-8.9 |
-3.3 |
| 2013 |
-9.2 |
-3.2 |
| 2014 |
-10.1 |
-2.9 |
| 2015 |
-11.6 |
-2.8 |
| 2016 |
-13.2 |
-3.0 |
| 2017 |
-10.9 |
-2.9 |
| 2018 |
-11.1 |
-2.6 |
| 2019 |
-9.7 |
-2.6 |
| 2020 |
-8.0 |
-2.4 |
| 2021 |
-6.5 |
-2.1 |
| 2022 |
1.9 |
-2.1 |
| 2023 |
3.8 |
-2.2 |
