Illinois Municipal Retirement Fund
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Analysis: Illinois Municipal Retirement Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Illinois Municipal Retirement Fund would have lost $3,767,711,758 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Pekau: "Dodge projecting his lack of morals and values on me"
Monday’s vote to eliminate pensions for part-time elected officials in Orland Park intensified a simmering feud between reformist Mayor Keith Pekau and some old-time board members, most notably Trustee Jim Dodge.
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Records show Orland Park trustee voted for measures that would have hiked property taxes
Although Carole Griffin Ruzich told Suburban Chicagoland she never voted to raise property taxes during her years as a trustee on the Orland Park Village Board, the public record tells a different story
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Rankings: 100 best funded pensions in Illinois
Markham, Posen and Orland Park 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.