Illinois Municipal Retirement Fund (IMRF) vs Iowa Public Employees Retirement System (IPERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Illinois Municipal Retirement Fund (IMRF) has a stronger Pension Health Score of 80/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 3.6 percentage points (81.2% vs 84.8%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.
| Metric | Illinois Municipal Retirement Fund (IMRF) | Iowa Public Employees Retirement System (IPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 80/100 (A) | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 81.2% | 84.8%* |
| Total Assets | $51.2B | $35.5B |
| Total Liabilities | $63.1B | $41.9B* |
| Unfunded Liability | $11.9B | $6.4B* |
| Participants | 438,000 | 372,000 |
| 1-Year Investment Return | 5.8% | 6.4%* |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | State of Illinois | State of Iowa |
Illinois Municipal Retirement Fund (IMRF) has a stronger Pension Health Score of 80/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 3.6 percentage points (81.2% vs 84.8%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.