| | 1: | | Title: | | | | | Volume/Number: | 2022 June | | | | Issuing Agency: | | | | | Description: | A Report on the Financial Condition of the Illinois Municipal, Chicago and Cook County Pension Funds (Illinois Public Retirement Systems) annually examines the financial status of various public employee retirement systems in Chicago and Cook County, along with the Illinois Municipal Retirement Fund. Specifically, the report examines metrics that are commonly used to determine the financial health of large public pension funds, such as asset levels, funding ratios, unfunded liabilities, changes in actuarial liabilities, and actuarial projections of employer contributions pursuant to each funds statutory objective. Also noteworthy is the fact that some of the funds examined in the report have a date by which their respective actuaries have projected that the fund in question will become insolvent. | | | | Date Created: | 06-06-2022 | | | | Agency ID: | | | | | ISL ID: | 000000096131 Original UID: 205120 FIRST WORD: Illinois | |
|
