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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

47.8%

Total Unfundedi

$8.0M

Annual Employer Costi

$1.0M

16 active / 10 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

8.10%

Covered Payrolli

$855K

Employer Rate Breakdowni

Retirement Normal Costi4.5%
Funding Adjustmenti2.9%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei8.1%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

JERSEYVILLE POLICE PENSION FUND

Funded Ratioi

47.8%

Financial Position

Assets (Market)i$7.3M
Accrued Liabilityi$15.4M
Unfunded Liabilityi$8.0M

Annual Cash Flow

Employer Contributioni$1.0M
Employee Contributioni$135K
Investment Incomei$641K
Benefits Paidi$690K

Contribution Adequacy

Required: $808KActual: $1.0M+$218K

Investments

1-Year Returni+9.4%

Membershipi

16 active10 retired