Teachers Retirement System of Illinois provides pension and other benefits for certificated employees of school districts outside Chicago.
Illinois Teachers Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Illinois Teachers |
66,504.7 |
315,573 |
| Other Plans |
0.0 |
0 |
| Total |
66,504.7 |
315,573 |
Source: Public Plans Database (as of 2023)
Note: Illinois Teachers Retirement System has 0 other plans.
Assets
Assets at Year-End
Illinois Teachers Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
23.3 |
| 2002 |
22.4 |
| 2003 |
23.1 |
| 2004 |
31.5 |
| 2005 |
34.1 |
| 2006 |
36.6 |
| 2007 |
41.9 |
| 2008 |
38.4 |
| 2009 |
28.5 |
| 2010 |
31.3 |
| 2011 |
37.5 |
| 2012 |
36.5 |
| 2013 |
39.9 |
| 2014 |
45.8 |
| 2015 |
46.4 |
| 2016 |
45.3 |
| 2017 |
49.4 |
| 2018 |
52.0 |
| 2019 |
53.3 |
| 2020 |
52.3 |
| 2021 |
64.2 |
| 2022 |
62.8 |
| 2023 |
66.5 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Illinois Teachers Retirement System |
US State and Local Pensions |
| 2001 |
2.3 |
2.4 |
| 2002 |
2.2 |
2.3 |
| 2003 |
2.1 |
2.2 |
| 2004 |
2.0 |
2.1 |
| 2005 |
1.9 |
2.1 |
| 2006 |
1.8 |
2.0 |
| 2007 |
1.8 |
2.0 |
| 2008 |
1.8 |
1.9 |
| 2009 |
1.8 |
1.9 |
| 2010 |
1.7 |
1.8 |
| 2011 |
1.7 |
1.7 |
| 2012 |
1.6 |
1.6 |
| 2013 |
1.5 |
1.5 |
| 2014 |
1.5 |
1.4 |
| 2015 |
1.4 |
1.4 |
| 2016 |
1.4 |
1.4 |
| 2017 |
1.4 |
1.4 |
| 2018 |
1.3 |
1.3 |
| 2019 |
1.3 |
1.3 |
| 2020 |
1.3 |
1.3 |
| 2021 |
1.3 |
1.2 |
| 2022 |
1.2 |
1.2 |
| 2023 |
1.3 |
1.2 |
2023 Membership for Illinois Teachers Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 166,714 |
130,051 |
18,808 |
315,573 |
1,003 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Illinois Teachers Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-150.5 |
23,315.6 |
| 2002 |
-225.4 |
22,366.3 |
| 2003 |
-302.3 |
23,124.8 |
| 2004 |
3,934.2 |
31,544.7 |
| 2005 |
-789.5 |
34,085.2 |
| 2006 |
-1,493.6 |
36,584.9 |
| 2007 |
-1,506.9 |
41,909.3 |
| 2008 |
-1,463.7 |
38,430.7 |
| 2009 |
-1,244.7 |
28,497.7 |
| 2010 |
-853.6 |
31,323.8 |
| 2011 |
-1,087.1 |
37,471.3 |
| 2012 |
-1,178.5 |
36,516.8 |
| 2013 |
-1,219.8 |
39,858.8 |
| 2014 |
-816.4 |
45,824.4 |
| 2015 |
-1,188.0 |
46,406.9 |
| 2016 |
-1,111.9 |
45,251.0 |
| 2017 |
-1,395.7 |
49,375.7 |
| 2018 |
-1,455.4 |
51,969.5 |
| 2019 |
-1,324.6 |
53,262.8 |
| 2020 |
-1,222.0 |
52,316.5 |
| 2021 |
-1,150.1 |
64,212.5 |
| 2022 |
-635.8 |
62,833.6 |
| 2023 |
-756.0 |
66,504.7 |
2023 Cash Flows for Illinois Teachers Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 7,243.4 |
7,999.4 |
4,427.0 |
3,671.1 |
Cash Flow as a Percentage of Assets
Illinois Teachers Retirement System
2001-2023
| Fiscal Year |
Illinois Teachers Retirement System |
National Average |
| 2001 |
-0.6 |
-2.1 |
| 2002 |
-1.0 |
-2.0 |
| 2003 |
-1.3 |
-2.5 |
| 2004 |
12.5 |
-2.0 |
| 2005 |
-2.3 |
-2.2 |
| 2006 |
-4.1 |
-2.2 |
| 2007 |
-3.6 |
-2.1 |
| 2008 |
-3.8 |
-2.3 |
| 2009 |
-4.4 |
-3.1 |
| 2010 |
-2.7 |
-3.2 |
| 2011 |
-2.9 |
-3.1 |
| 2012 |
-3.2 |
-3.3 |
| 2013 |
-3.1 |
-3.1 |
| 2014 |
-1.8 |
-2.9 |
| 2015 |
-2.6 |
-2.8 |
| 2016 |
-2.5 |
-3.0 |
| 2017 |
-2.8 |
-2.9 |
| 2018 |
-2.8 |
-2.6 |
| 2019 |
-2.5 |
-2.6 |
| 2020 |
-2.3 |
-2.4 |
| 2021 |
-1.8 |
-2.1 |
| 2022 |
-1.0 |
-2.1 |
| 2023 |
-1.1 |
-2.1 |
