In 2021, IMRF’s investment assets grew at a historic rate. At the end of the fiscal year, IMRF had $57.3 billion in investment assets and was 98.6% funded, which is a significantly better funding level than the vast majority of pension plans in the US.
In 2022, IMRF’s investment assets were down through August 31, due to a number of global challenges, such as rising interest rates, growing inflation, and the war in Ukraine. However, as a long-term investor, IMRF has had consistent, steady growth in assets across the past ten years and is weathering the 2022 market downturn.
Be assured, whatever happens in the market will not affect your current or future pension. Your pension is safe! IMRF has never missed a pension payment, and we never will!
Locally funded, financially sound!
IMRF Annual Financial Reports
Click here for the most current and archived annual financial reports.