Pension Funds — Wheaton, Illinois

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Pension Funds — FY 2024i

Source

Combined Funded Ratioi

94.6%

Total Unfundedi

$10.0M

Annual Employer Costi

$4.2M

109 active / 89 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

6.26%

Employer Contributioni

$854K

Covered Payrolli

$1.7M

Employer Rate Breakdowni

Retirement Normal Costi4.7%

Funding Adjustmenti0.8%

Death Benefiti0.1%

Disabilityi0.0%

Supplemental Benefiti0.6%

Total Employer Ratei6.3%

Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

WHEATON POLICE PENSION FUND

Funded Ratioi

91.2%

Financial Position

Assets (Market)i$112.3M

Accrued Liabilityi$124.9M

Unfunded Liabilityi$11.0M

Annual Cash Flow

Employer Contributioni$2.0M

Employee Contributioni$1.0M

Investment Incomei$9.9M

Benefits Paidi$6.1M

Contribution Adequacy

Required: $1.3MActual: $2.0M+$739K

Investments

1-Year Returni+9.1%

Membershipi

70 active62 retired

Fire Pension

WHEATON FIREFIGHTERS PENSION FUND

Funded Ratioii

101.8%

Financial Position

Assets (Market)i$60.8M

Accrued Liabilityi$59.1M

Unfunded Liabilityi-$1.1M

Annual Cash Flow

Employer Contributioni$1.3M

Employee Contributioni$422K

Investment Incomei$6.0M

Benefits Paidi$2.6M

Contribution Adequacy

Required: $792KActual: $1.3M+$514K

Investments

1-Year Returni+10.4%

Membershipi

39 active27 retired