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  2. /Illinois
  3. /Champaign County
  4. /Rantoul
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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

94.4%

Total Unfundedi

$2.2M

Annual Employer Costi

$326K

30 active / 27 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

8.38%

Covered Payrolli

$2.5M

Employer Rate Breakdowni

Retirement Normal Costi4.6%
Funding Adjustmenti3.0%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei8.4%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

RANTOUL POLICE PENSION FUND

Funded Ratioi

94.4%

Financial Position

Assets (Market)i$35.5M
Accrued Liabilityi$38.4M
Unfunded Liabilityi$2.2M

Annual Cash Flow

Employer Contributioni$326K
Employee Contributioni$252K
Investment Incomei$3.2M
Benefits Paidi$2.0M

Contribution Adequacy

Required: $450KActual: $326K-$124K

Investments

1-Year Returni+9.1%

Membershipi

30 active27 retired