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Illinois Municipal Retirement Fund
The Illinois Municipal Retirement Fund (or IMRF) is the second largest and best-funded public pension system in Illinois. Since 1941, has partnered with local units of government to provide retirement, disability and death benefits for public employees. With a funded status of about 98 percent and more than $50 billion in assets, IMRF is well-funded and sustainable. Today, IMRF has more than 440,000 members and serves more than 3,000 different units of government, including towns and villages, libraries and park districts, and counties and school districts (non-teaching personnel). The typical IMRF retiree receives a modest and sustainable benefit, earned after decades of public service. In 2020, 56% of retirees received a benefit of less than $12,000 annually. In 2019, IMRF became the first public pension fund in the nation to receive a Malcolm Baldrige National Quality Award. This Presidential-level honor recognizes exemplary U.S. organizations and businesses. In 2017, IMRF re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oak Brook, IL
Oak Brook is a village mostly in DuPage County with a small portion in Cook County in Illinois. Per the 2020 census, the population was 8,163. This suburb of Chicago has the headquarters of several companies and organizations including Ace Hardware, Blistex, Federal Signal, CenterPoint Properties, Sanford L.P., TreeHouse Foods, and Lions Clubs International. It is the former corporate home of McDonald's and Ferrara Candy (now both moved to Chicago). History Oak Brook was originally known as Fullersburg, named after Ben Fuller, an early settler. Oak Brook was incorporated as a village in 1958, due in large part to the efforts of Paul Butler, a prominent civic leader and landowner whose father had first moved to the vicinity in 1898 and opened a dairy farm shortly thereafter. Prior to incorporation, the name Oak Brook was used by local residents to distinguish their community from neighboring Hinsdale and Elmhurst, going back to the founding of the Oak Brook Civic Associa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
