The Illinois Municipal Retirement Fund – a local government pension fund, is pushing an effort this year to get more of their members to help out others. We spoke with the head of IMRF, Louis Kosiba, about it:

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Louis Kosiba
WUIS/Illinois Issues

Editor’s note: I am forgoing my column this month to instead publish a piece by Louis Kosiba, executive director of the Illinois Municipal Retirement Fund. Primarily because state law requires municipalities to contribute to their employees’ retirement annually, the Municipal Retirement Fund is in much better shape than other public pension funds in Illinois, where lawmakers and governors have repeatedly skipped payments or only made partial contributions. — Dana Heupel