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  2. /Illinois
  3. /LaSalle County
  4. /Marseilles
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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

88.6%

Total Unfundedi

$805K

Annual Employer Costi

$309K

10 active / 4 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

11.07%

Covered Payrolli

$621K

Employer Rate Breakdowni

Retirement Normal Costi4.0%
Funding Adjustmenti6.4%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei11.1%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

MARSEILLES POLICE PENSION FUND

Funded Ratioi

88.6%

Financial Position

Assets (Market)i$6.0M
Accrued Liabilityi$7.0M
Unfunded Liabilityi$805K

Annual Cash Flow

Employer Contributioni$309K
Employee Contributioni$84K
Investment Incomei$526K
Benefits Paidi$558K

Contribution Adequacy

Required: $158KActual: $309K+$152K

Investments

1-Year Returni+8.9%

Membershipi

10 active4 retired