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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 ...
Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
The City Treasurer’s Office is the custodian and manager of all cash and investments for the City of Chicago, the four City employee pension funds, and the Chicago Teacher’s Pension Fund. Additionally, the Treasurer’s Office manages a number of programs that promote financial education and small business growth in Chicago’s neighborhoods.
The mayor of Chicago is the chief executive of city government in Chicago, Illinois, the third-largest city in the United States.The mayor is responsible for the administration and management of various city departments, submits proposals and recommendations to the Chicago City Council, is active in the enforcement of the city's ordinances, submits the city's annual budget and appoints city ...
Government of Chicago. The government of the City of Chicago, Illinois, United States is divided into executive and legislative branches. The Mayor of Chicago is the chief executive, elected by general election for a term of four years, with no term limits. The mayor appoints commissioners and other officials who oversee the various departments.
The Metropolitan Water Reclamation District of Greater Chicago (MWRD), originally known as the Sanitary District of Chicago, is a special-purpose district chartered to operate in Cook County, Illinois since 1889. Although its name may imply otherwise, it is not a part of the City of Chicago 's local government but is created by Illinois state ...
Chicago and its suburbs is home to 35 Fortune 500 companies and is a transportation and distribution center. Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross metropolitan product totaled ...
Chicago Public Schools were the most racial-ethnically separated among large city school systems, according to research by The New York Times in 2012, [48] as a result of most students' attending schools close to their homes. In the 1970s the Mexican origin student population grew in CPS, although it never exceeded 10% of the total CPS student ...
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