National Electrical Benefit Fund (NEBF) vs Illinois Municipal Retirement Fund (IMRF)
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 National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 26.1 percentage points (81.2% vs 55.1%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | Illinois Municipal Retirement Fund (IMRF) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 80/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 81.2%* |
| Total Assets | $14.0B | $51.2B |
| Total Liabilities | $25.4B* | $63.1B |
| Unfunded Liability | $11.4B* | $11.9B |
| Participants | 595,000 | 438,000 |
| 1-Year Investment Return | 5.2% | 5.8%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | high | low |
| Sponsor | IBEW & NECA | State of Illinois |
Illinois Municipal Retirement Fund (IMRF) has a stronger Pension Health Score of 80/100 (A) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 26.1 percentage points (81.2% vs 55.1%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.