Illinois Municipal Retirement Fund
Recent News About Illinois Municipal Retirement Fund
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Village of Northbrook Board of Trustees met Aug. 22
Village of Northbrook Board of Trustees met Tuesday, Aug. 22
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City of Elgin City Council met Jan. 26
City of Elgin City Council met Wednesday, Jan. 26.
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Maine Township Trustee Sweeney speaks out against losing right to vote on pension eligibility
Maine Township Trustee Sue Sweeney considers the removal of township voters' right to decide if their elected officials should be eligible for pensions as taking power away from the people.
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Local taxpayers exposed as Illinois local governments lose control over pension eligibility
The same day the Illinois Municipal Retirement Fund (IMRF) ruled that the Maine Township Board was right when it voted not to certify the pension eligibility of a politically connected elected official, it stripped all local governments of the authority to certify the pensions of their elected officials.
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Rankings: 100 best funded pensions in Illinois
Barrington, Inverness and Bartlett have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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$999 million out, $90 million in: Chicago pension funds see the abyss, shrug it off
In 2015, the City of Chicago’s two employee pension funds paid out $999 million to 29,286 retirees.
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Streamwood 2016 budget workshop held
The Board of Trustees of the Village of Streamwood recently held a budget workshop to discuss the 2016 Village budget.