Loading…

Loading…
The Illinois Municipal Retirement Fund (IMRF) is a public pension fund established in 1941 that provides disability, retirement, and death benefits for employees of local governments in Illinois, excluding Chicago and Cook County. It operates independently, funded by contributions from members and employers, as well as investment income. Governed by an elected Board of Trustees, IMRF is committed to delivering high-quality retirement services while adhering to its core values of Respect, Empathy, Accountability, Accuracy, Courage, and Honesty. IMRF manages over $55.2 billion in assets and serves more than 524,000 members across over 3,000 participating local government employers. The fund is recognized for its strong financial health, being 95.8% funded and maintaining a 100% funded annuitant reserve for current retirees. IMRF administers three benefit plans, including defined benefit pensions, disability income protection, and survivor payments. The organization emphasizes customer satisfaction and operational excellence through strategic initiatives aimed at enhancing member engagement and service delivery.

