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Illinois pensions by the numbers

Here’s a look at some Illinois pension numbers:

$85.6 billion: The gap between how much the state retirement plans have and how much retirees have earned, as of last fiscal year.

$38.6 billion: The pension deficit five years ago.

$15.6 billion: The pension deficit 10 years ago.

38.3 percent: How much the plans have compared to how much they’ll eventually need, as of last fiscal year.

90 percent: The rate at which state law says the state pension systems should be funded.

$48,844: The average annual pension for a retired Illinois teacher last fiscal year.

$27,792: The average annual pension for a retired Illinois state employee last fiscal year.

$33,960: The average annual pension for a retired Illinois university employee last fiscal year.

$112,553: The average annual pension for a retired Illinois judge last fiscal year.

$49,792: The average annual pension for a retired Illinois lawmaker last fiscal year.

Source: Commission on Government Forecasting and Accountability

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