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

Pension Funds — FY 2024i

Source

Combined Funded Ratioi

65.0%

Total Unfundedi

$3.7M

Annual Employer Costi

$477K

13 active / 8 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

3.46%

Employer Rate Breakdowni

Retirement Normal Costi2.7%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei3.5%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

VANDALIA POLICE PENSION FUND

Funded Ratioi

65.0%

Financial Position

Assets (Market)i$6.6M
Accrued Liabilityi$10.6M
Unfunded Liabilityi$3.7M

Annual Cash Flow

Employer Contributioni$477K
Employee Contributioni$87K
Investment Incomei$534K
Benefits Paidi$519K

Contribution Adequacy

Required: $364KActual: $477K+$113K

Investments

1-Year Returni+8.5%

Membershipi

13 active8 retired