Pension Funds — Oakbrook Terrace, Illinois

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Pension Funds — FY 2024i

Source

Combined Funded Ratioi

72.4%

Total Unfundedi

$8.4M

Annual Employer Costi

$1.8M

18 active / 18 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

15.96%

Employer Contributioni

$220K

Covered Payrolli

$346K

Employer Rate Breakdowni

Retirement Normal Costi4.8%

Funding Adjustmenti3.0%

Death Benefiti0.1%

Disabilityi0.0%

Supplemental Benefiti0.6%

Early Retirement Incentivei7.3%

Total Employer Ratei16.0%

Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

OAKBROOK TERRACE POLICE PENSION FUND

Funded Ratioi

72.4%

Financial Position

Assets (Market)i$21.6M

Accrued Liabilityi$30.4M

Unfunded Liabilityi$8.4M

Annual Cash Flow

Employer Contributioni$1.6M

Employee Contributioni$202K

Investment Incomei$1.9M

Benefits Paidi$1.4M

Contribution Adequacy

Required: $838KActual: $1.6M+$724K

Investments

1-Year Returni+9.2%

Membershipi

18 active18 retired