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IMRF reaches 100% funding goal

On a market value basis (which does not reflect the five-year averaging technique), IMRF’s
funded status as of December 31, 2006, is projected to be 100.5%.

100% funding means that a pension fund has enough money in reserve today to meet future pension obligations for benefits earned to date. IMRF believes that 100% funding is the best approach to follow.

Read more about 100% Funding and why it should matter to you.

 

 

 

 


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IMRF Online provides a brief summary of IMRF benefits and the adminstration of those benefits. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. Statements in these publications are general, and the Illinois state law governing IMRF is complex and specific. If a conflict arises between information in these publications and the law, all decisions are based on the law.

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Page Last Updated by JC on 05/03/07