Chicago (IL) Municipal — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Chicago (IL) Municipal (Illinois) reported $5.1bn of assets for fiscal year 2024, a one-year investment return of 9.8%, and was 25.8% funded — in the strained sub-60% range.
| Total assets (FY 2024) | $5.1bn |
| 1-year return | 9.8% |
| 5-year return (annualised) | 6.3% |
| 10-year return (annualised) | 6.5% |
| Funded ratio (GASB) | 25.8% |
How the money is invested (asset allocation)
Chicago (IL) Municipal held 47.3% of its assets in public equities and 19.7% in fixed income (bonds) for fiscal year 2024 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 47.3% |
| Fixed income (bonds) | 19.7% |
| Cash | 9.8% |
| Hedge funds | 8.5% |
| Private equity | 6.3% |
| Real estate | 5.6% |
| Commodities | 2.9% |
Compare Chicago (IL) Municipal with similar plans
The plans most worth reading Chicago (IL) Municipal against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Illinois Teachers | $77.3bn | 9.7% | 47.8% | Same state — Illinois |
| Illinois Municipal | $62.4bn | 14.8% | 97.4% | Same state — Illinois |
| Illinois SERS | $27.6bn | 9.8% | 46.9% | Same state — Illinois |
| Illinois Universities | $25.2bn | 6.4% | 47.1% | Same state — Illinois |
| Cook County (IL) ERS | $13.7bn | 9.6% | 65.9% | Same state — Illinois |
| Chicago (IL) Teachers | $13.7bn | 12.1% | 47.9% | Same state — Illinois |
Questions this page answers
How much does Chicago (IL) Municipal have in assets?
Chicago (IL) Municipal reported $5.1bn in total assets for fiscal year 2024, as compiled by the Public Plans Database.
What return did Chicago (IL) Municipal make on its investments?
Chicago (IL) Municipal reported a 9.8% one-year investment return for fiscal year 2024, and 6.5% a year over the past ten years, per the Public Plans Database.
Is Chicago (IL) Municipal fully funded?
Chicago (IL) Municipal was 25.8% funded for fiscal year 2024 — in the strained range, near 60% or below. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is Chicago (IL) Municipal's money invested?
Chicago (IL) Municipal held 47.3% of its assets in public equities and 19.7% in fixed income (bonds), its largest sleeves for fiscal year 2024 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.