Pension Funds — Itasca, Illinois

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

Combined Funded Ratioi

48.8%

Total Unfundedi

$22.5M

Annual Employer Costi

$4.6M

23 active / 25 retired across all fundsi

Funded Ratio Trendi

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

Employer Ratei

8.28%

Employer Contributioni

$2.3M

Covered Payrolli

$10.0M

Employer Rate Breakdowni

Retirement Normal Costi4.8%

Funding Adjustmenti2.7%

Death Benefiti0.1%

Disabilityi0.0%

Supplemental Benefiti0.6%

Total Employer Ratei8.3%

Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

ITASCA POLICE PENSION FUND

Funded Ratioi

48.8%

Financial Position

Assets (Market)i$20.3M

Accrued Liabilityi$43.9M

Unfunded Liabilityi$22.5M

Annual Cash Flow

Employer Contributioni$2.2M

Employee Contributioni$274K

Investment Incomei$1.8M

Benefits Paidi$2.2M

Contribution Adequacy

Required: $1.9MActual: $2.2M+$257K

Investments

1-Year Returni+9.1%

Membershipi

23 active25 retired