State Retirement Systems of Il

State retirement system· Illinois

State retirement system, based in Illinois, reporting $25B in assets, for 146,783 participants.

Composed from this allocator's classification, location and filed figures.

As of · the latest dated event for this allocator; each figure carries its own filing or report date

Nothing material in the last 90 days. Last change: 20 Mar 2026, Changed its allocation policy 6 months ago.

3 more dated events

Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Relationship network

3 connected entities

From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.

State Retirement Systems of Il
IL
Reading the network
  • Service provider
›How strength and recency are read

Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

Size, funding, policy and commitments, with their basesState retirement systemShow
State retirement system
Assets
$25B
Total assets, Jun 30, 2024 derived
Funded
not on record
not filed
Private markets target
no policy read
policy Jun 30, 2024
Commitments
0
none on the tape

Allocation policy

ACFR, as of Jun 30, 2024
Actual allocation lines without a target (as filed)
  • Money market instruments 1.0%
  • Commingled funds - Fixed income 19.0%
  • Fixed income 4.0%
  • Hedge funds 0.0%
  • Infrastructure 2.0%
  • Private credit 8.0%
  • Private equity 11.0%
  • Commingled funds - Domestic equity 3.0%
  • Commingled funds - International equity 20.0%
  • Domestic equity 21.0%
  • International equity 1.0%
  • Real estate 10.0%

Consultants and advisers

3 firms

People

No investment staff or executives have been read for this allocator yet.

Manager roster

No manager relationship is on the tape for this allocator.

What changed

8 events
  • Mar 20, 2026Policy updated
    Illinois State Board of Investment (ISBI), which invests for SERS, JRS and GARS adopts a policy change: Deferred Compensation Plan investment policy
  • Mar 20, 2026Policy updated
    Illinois State Board of Investment (ISBI), which invests for SERS, JRS and GARS adopts a policy change: Asset Allocation Policy
  • Sep 22, 2025Consultant changed
    Illinois State Board of Investment (ISBI), which invests for SERS, JRS and GARS selects RVK, Inc. as general consultant
    with RVK, Inc.isbinvestment.com
  • Sep 22, 2025Policy updated
    Illinois State Board of Investment (ISBI), which invests for SERS, JRS and GARS adopts a policy change (see the minutes)
  • Jun 30, 2024Assets changed
    State Retirement Systems of Il fiduciary net position $23.4B -> $25.3B (+8.4%, 2023-06-30 to 2024-06-30)

+3 more dated events

Every name, record and relationship behind this count, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Commitments

No fund commitments are on the tape for this allocator. The tape holds the plans that publish their own private-markets reports; a plan that publishes one and is not here is a gap we can close.

Size and funding

57 readings
Total assets
$25B Jun 30, 2024 derived Census ASPP
$23B (2023-06) · $22B (2022-06)
Fiduciary net position
$25B Jun 30, 2024 reported Census ASPP
$23B (2023-06) · $22B (2022-06)
Long-term investments
$25B Jun 30, 2024 reported Census ASPP
$23B (2023-06) · $22B (2022-06)
Total pension liability
$33B Jun 30, 2024 reported Census ASPP
$33B (2023-06) · $32B (2022-06)
Discount rate
6.59% Jun 30, 2024 reported Census ASPP
6.59% (2023-06) · 6.58% (2022-06)
Participants
146,783 Jun 30, 2024 derived Census ASPP
142,364 (2023-06) · 140,994 (2022-06)
Active members
65,508 Jun 30, 2024 derived Census ASPP
61,651 (2023-06) · 61,460 (2022-06)
Beneficiaries
77,600 Jun 30, 2024 reported Census ASPP
76,878 (2023-06) · 75,826 (2022-06)
Benefits paid
$3.3B Jun 30, 2024 reported Census ASPP
$3.1B (2023-06) · $3.0B (2022-06)
Investment expense
$24.9M Jun 30, 2024 reported Census ASPP
$17.8M (2023-06) · $28.1M (2022-06)

Provenance

Identifiers: Census PID6 228198
Cross-graph: no entry on another DFX graph
First observed Sep 15, 2026, last observed Sep 23, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.

Not yet on record: funded ratio, private markets allocation target, fund commitments.

Record history

8 dated events on the change ledger, latest event first
  • Policy updated
    2026-03-20source on record
  • Policy updated
    2026-03-20source on record
  • Consultant changed
    2025-09-22source on record

+5 more changes on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

›Connections

every published relationship on the graph

+3 connections on the graph

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.