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  2. Illinois Municipal Retirement Fund - Wikipedia

    en.wikipedia.org/wiki/Illinois_Municipal...

    The Illinois Municipal Retirement Fund (or IMRF) is the second largest and best-funded public pension system in Illinois. Since 1941, has partnered with local units of government to provide retirement, disability and death benefits for public employees. With a funded status of about 98 percent and more than $50 billion in assets, IMRF is well ...

  3. Illinois pension crisis - Wikipedia

    en.wikipedia.org/wiki/Illinois_pension_crisis

    The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees. [1]

  4. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947.

  5. Teachers' Retirement System of the State of Illinois - Wikipedia

    en.wikipedia.org/wiki/Teachers'_Retirement_System...

    The Illinois General Assembly created the Teachers’ Retirement System of the State of Illinois (TRS or the System) in 1939 for the purpose of providing retirement annuities, and disability and survivor benefits for educators employed in public schools outside the city of Chicago. The System's enabling legislation is in the Illinois Pension ...

  6. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.

  7. International Ladies Garment Workers Union - Wikipedia

    en.wikipedia.org/wiki/International_Ladies...

    Canadian Labour Congress. The International Ladies' Garment Workers' Union ( ILGWU ), whose members were employed in the women's clothing industry, was once one of the largest labor unions in the United States, one of the first US unions to have a primarily female membership, and a key player in the labor history of the 1920s and 1930s.

  8. Civil Service Retirement System - Wikipedia

    en.wikipedia.org/wiki/Civil_Service_Retirement...

    The Civil Service Retirement System ( CSRS) is a public pension fund organized in 1920 that has provided retirement, disability, and survivor benefits for most civilian employees in the United States federal government. Upon the creation of a new Federal Employees Retirement System (FERS) in 1987, those newly hired after that date cannot ...

  9. State Universities Retirement System - Wikipedia

    en.wikipedia.org/wiki/State_Universities...

    The State Universities Retirement System, or SURS, is an agency in the U.S. state of Illinois government that administers retirement, disability, death, and survivor benefits to eligible SURS participants and annuitants. Membership in SURS is attained through employment with 61 employing agencies, [1] including public universities, community ...

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