The Pension Division is responsible for the administration and reporting of the Firefighters' and Police Pension Funds. Each fund is governed by a local board and is regulated by its respective state statute. If you are looking for information on the Illinois Municipal Retirement Fund, it can be found on the IMRF website.
Firefighters' Pension Fund
The Firefighters' Pension Fund provides pension benefits for the City's firefighters. As of January 1, 2022, the fund was valued at $200 million and provided benefits to 330 pensioners.
Police Pension Fund
The Police Pension Fund provides pension benefits for the City's police officers. As of January 1, 2022, the fund was valued at $244 million and provided benefits to 326 pensioners.