Central States, Southeast & Southwest Areas Pension Fund vs Illinois Municipal Retirement Fund (IMRF)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Central States, Southeast & Southwest Areas Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to Illinois Municipal Retirement Fund (IMRF) at 80/100 (A). Funding ratios differ by 12.9 percentage points (94.1% vs 81.2%). Central States, Southeast & Southwest Areas Pension Fund covers 634,861 participants.
| Metric | Central States, Southeast & Southwest Areas Pension Fund | Illinois Municipal Retirement Fund (IMRF) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 97/100 (A)* | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 94.1%* | 81.2% |
| Total Assets | $55.6B | $51.2B |
| Total Liabilities | $59.1B* | $63.1B |
| Unfunded Liability | $3.5B* | $11.9B |
| Participants | 634,861 | 438,000 |
| 1-Year Investment Return | 4.5% | 5.8%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | low | low |
| Sponsor | Teamsters Central States | State of Illinois |
Central States, Southeast & Southwest Areas Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to Illinois Municipal Retirement Fund (IMRF) at 80/100 (A). Funding ratios differ by 12.9 percentage points (94.1% vs 81.2%). Central States, Southeast & Southwest Areas Pension Fund covers 634,861 participants.