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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

48.9%

Total Unfundedi

$24.1M

Annual Employer Costi

$2.4M

37 active / 31 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

9.91%

Covered Payrolli

$682K

Employer Rate Breakdowni

Retirement Normal Costi4.9%
Funding Adjustmenti4.2%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei9.9%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

STREATOR POLICE PENSION FUND

Funded Ratioi

52.0%

Financial Position

Assets (Market)i$15.4M
Accrued Liabilityi$29.6M
Unfunded Liabilityi$14.2M

Annual Cash Flow

Employer Contributioni$1.3M
Employee Contributioni$201K
Investment Incomei$1.3M
Benefits Paidi$1.4M

Contribution Adequacy

Required: $1.3MActual: $1.3M+$53K

Investments

1-Year Returni+8.7%

Membershipi

23 active18 retired

Fire Pension

STREATOR FIREFIGHTERS PENSION FUND

Funded Ratioii

43.7%

Financial Position

Assets (Market)i$7.5M
Accrued Liabilityi$17.5M
Unfunded Liabilityi$9.8M

Annual Cash Flow

Employer Contributioni$1.0M
Employee Contributioni$100K
Investment Incomei$572K
Benefits Paidi$953K

Contribution Adequacy

Required: $899KActual: $1.0M+$135K

Investments

1-Year Returni+8.1%

Membershipi

14 active13 retired