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Showing latest fiscal year with year-over-year changes. Full pension history available with a paid plan. View plans →

Pension Funds — FY 2024i

Source

Combined Funded Ratioi

69.8%

Total Unfundedi

$1.7M

Annual Employer Costi

$604K

12 active / 5 retired across all fundsi

Funded Ratio Trendi

Employer Contributions Over Timei

IMRF — General Employeesi

IMRF covers non-public-safety employees (2026 rates). System-wide funded ratio: 95.8%(Well-Funded)

Employer Ratei

8.55%

Covered Payrolli

$587K

Employer Rate Breakdowni

Retirement Normal Costi4.6%
Funding Adjustmenti3.2%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei8.6%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

MAHOMET POLICE PENSION FUND

Funded Ratioi

69.8%

Financial Position

Assets (Market)i$3.8M
Accrued Liabilityi$5.7M
Unfunded Liabilityi$1.7M

Annual Cash Flow

Employer Contributioni$604K
Employee Contributioni$75K
Investment Incomei$272K
Benefits Paidi$216K

Contribution Adequacy

Required: $220KActual: $604K+$384K

Investments

1-Year Returni+7.9%

Membershipi

12 active5 retired