Want more information about your pension fund?
This benefits calculator may be helpful to estimate your pension benefits.You can also contact your pension fund for an accurate calculation and more information.
Illinois public-sector workers need
someone to fight for their pensions.
![Illinois public-sector workers Guarantee Image](https://secureillinoisretirements.org/wp-content/uploads/2021/03/Teacher-Guarantee-Image.png)
You have been elected to represent your district in the state legislature. You care about your constituents and the issues they face.
Illinois has the highest pension debt in the country, and this affects everyone in the state. Our problems are well known, but not intractable. The question remains: What should we do next?
Get informed and help save your pension
Sign up for our email list and get the latest information on legislation, workshops, days of action, events, and more. Add your name to find out how you can help. Please join us!
Join us to protect your pension and your future
Why is a fully funded pension system important?
Reasons to want a well-funded retirement system
Cautionary tales from around the U.S.
Detroit, MI
When Detroit filed for bankruptcy in 2013, its funded ratio of assets to liabilities was 69%, which is much higher than most jurisdictions in Illinois. Due to this underfunding and subsequent bankruptcy, public safety employees had their cost-of-living adjustment cut, and civil servants had their pensions reduced.
Central Falls, RI
When Central Falls declared bankruptcy in 2011, its funded ratio was 16.2%. Pensions were slashed by over 50% before the city agreed to 25% for the first five years.
Vallejo, CA
When Vallejo emerged from bankruptcy in 2011, its funded ratio was 66.4%. The town cut police and firefighter numbers and reduced health benefits so it could keep up with mandatory pension contributions.
Harvey, IL
Harvey laid off 18 firefighters, 13 police patrolmen, and five non-sworn employees in 2016, following an intercept of the city's revenue by its police pension fund. The pension obligations had left the city unable to meet running costs.