Illinois, Kentucky, and New Jersey are the states with the poorest pension funding, all having saved up only about half of the assets needed to pay for promised benefits.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
The Illinois Municipal Retirement Fund (IMRF) reached a funded status of 96.9% by the end of 2025