Pension Funds — Bloomingdale, Illinois

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Pension Funds — FY 2024i

Source

Combined Funded Ratioi

59.3%

Total Unfundedi

$60.9M

Annual Employer Costi

$5.4M

87 active / 76 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

10.39%

Employer Contributioni

$746K

Covered Payrolli

$3.4M

Employer Rate Breakdowni

Retirement Normal Costi5.0%

Funding Adjustmenti4.6%

Death Benefiti0.1%

Disabilityi0.0%

Supplemental Benefiti0.6%

Total Employer Ratei10.4%

Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

BLOOMINGDALE POLICE PENSION FUND

Funded Ratioi

54.6%

Financial Position

Assets (Market)i$46.1M

Accrued Liabilityi$85.5M

Unfunded Liabilityi$38.8M

Annual Cash Flow

Employer Contributioni$2.4M

Employee Contributioni$454K

Investment Incomei$4.5M

Benefits Paidi$4.1M

Contribution Adequacy

Required: $3.2MActual: $2.4M-$749K

Investments

1-Year Returni+10.1%

Membershipi

43 active46 retired

Fire Pension

BLOOMINGDALE FPD FIREFIGHTERS PENSION FUND

Funded Ratioii

65.6%

Financial Position

Assets (Market)i$41.2M

Accrued Liabilityi$64.3M

Unfunded Liabilityi$22.1M

Annual Cash Flow

Employer Contributioni$2.3M

Employee Contributioni$461K

Investment Incomei$4.0M

Benefits Paidi$3.1M

Contribution Adequacy

Required: $2.2MActual: $2.3M+$122K

Investments

1-Year Returni+10.2%

Membershipi

44 active30 retired