There continues to be a call for pension reform at the state level and for the City of Chicago and Cook County. As the executive director of the Illinois Municipal Retirement Fund, I think that is misleading. Let me explain.
This year marked the 75th anniversary of IMRF, which provides death, disability and retirement benefits for some of your neighbors, friends and possibly family who work in local government at town halls, libraries, park districts and schools. We do not cover city of Chicago employees or those of Cook County. We do not cover teachers in school districts, but rather the support personnel who create and maintain the physical learning environment.