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  4. /Sycamore
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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

60.4%

Total Unfundedi

$27.4M

Annual Employer Costi

$1.5M

66 active / 36 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

6.63%

Covered Payrolli

$794K

Employer Rate Breakdowni

Retirement Normal Costi4.7%
Funding Adjustmenti1.2%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei6.6%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

SYCAMORE POLICE PENSION FUND

Funded Ratioi

59.9%

Financial Position

Assets (Market)i$19.3M
Accrued Liabilityi$33.7M
Unfunded Liabilityi$13.5M

Annual Cash Flow

Employer Contributioni$641K
Employee Contributioni$367K
Investment Incomei$1.3M
Benefits Paidi$1.3M

Contribution Adequacy

Required: $1.5MActual: $641K-$811K

Investments

1-Year Returni+6.7%

Membershipi

33 active17 retired

Fire Pension

SYCAMORE FIREFIGHTERS PENSION FUND

Funded Ratioii

60.9%

Financial Position

Assets (Market)i$21.3M
Accrued Liabilityi$35.6M
Unfunded Liabilityi$13.9M

Annual Cash Flow

Employer Contributioni$873K
Employee Contributioni$312K
Investment Incomei$2.0M
Benefits Paidi$1.4M

Contribution Adequacy

Required: $1.5MActual: $873K-$657K

Investments

1-Year Returni+9.9%

Membershipi

33 active19 retired