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  2. /Illinois
  3. /DeKalb County
  4. /Sandwich
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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

52.7%

Total Unfundedi

$7.1M

Annual Employer Costi

$896K

14 active / 15 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

5.73%

Covered Payrolli

$38K

Employer Rate Breakdowni

Retirement Normal Costi4.7%
Funding Adjustmenti0.3%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei5.7%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

SANDWICH POLICE PENSION FUND

Funded Ratioi

52.7%

Financial Position

Assets (Market)i$7.5M
Accrued Liabilityi$14.9M
Unfunded Liabilityi$7.1M

Annual Cash Flow

Employer Contributioni$896K
Employee Contributioni$104K
Investment Incomei$620K
Benefits Paidi$736K

Contribution Adequacy

Required: $675KActual: $896K+$221K

Investments

1-Year Returni+8.7%

Membershipi

14 active15 retired