Pension Funds — Villa Park, Illinois

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Pension Funds — FY 2024i

Source

Combined Funded Ratioi

65.1%

Total Unfundedi

$37.9M

Annual Employer Costi

$4.6M

68 active / 57 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

7.45%

Employer Contributioni

$524K

Covered Payrolli

$1.7M

Employer Rate Breakdowni

Retirement Normal Costi5.0%

Funding Adjustmenti1.7%

Death Benefiti0.1%

Disabilityi0.0%

Supplemental Benefiti0.6%

Total Employer Ratei7.5%

Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

VILLA PARK POLICE PENSION FUND

Funded Ratioi

60.7%

Financial Position

Assets (Market)i$42.3M

Accrued Liabilityi$68.9M

Unfunded Liabilityi$27.1M

Annual Cash Flow

Employer Contributioni$2.7M

Employee Contributioni$472K

Investment Incomei$5.1M

Benefits Paidi$3.7M

Contribution Adequacy

Required: $2.6MActual: $2.7M+$91K

Investments

1-Year Returni+12.6%

Membershipi

39 active33 retired

Fire Pension

VILLA PARK FIREFIGHTERS PENSION FUND

Funded Ratioii

72.7%

Financial Position

Assets (Market)i$28.5M

Accrued Liabilityi$39.4M

Unfunded Liabilityi$10.8M

Annual Cash Flow

Employer Contributioni$1.4M

Employee Contributioni$262K

Investment Incomei$2.8M

Benefits Paidi$1.7M

Contribution Adequacy

Required: $1.1MActual: $1.4M+$241K

Investments

1-Year Returni+10.4%

Membershipi

29 active24 retired