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  2. /Illinois
  3. /Kendall County
  4. /Plano
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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

66.3%

Total Unfundedi

$5.3M

Annual Employer Costi

$496K

26 active / 7 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

7.62%

Covered Payrolli

$401K

Employer Rate Breakdowni

Retirement Normal Costi5.2%
Funding Adjustmenti1.6%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei7.6%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

PLANO POLICE PENSION FUND

Funded Ratioi

66.3%

Financial Position

Assets (Market)i$10.1M
Accrued Liabilityi$15.7M
Unfunded Liabilityi$5.3M

Annual Cash Flow

Employer Contributioni$496K
Employee Contributioni$365K
Investment Incomei$809K
Benefits Paidi$358K

Contribution Adequacy

Required: $660KActual: $496K-$164K

Investments

1-Year Returni+8.6%

Membershipi

26 active7 retired