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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

63.1%

Total Unfundedi

$146.8M

Annual Employer Costi

$14.0M

237 active / 258 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

8.24%

Covered Payrolli

$6.1M

Employer Rate Breakdowni

Retirement Normal Costi4.5%
Funding Adjustmenti3.0%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei8.2%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

DECATUR POLICE PENSION FUND

Funded Ratioi

61.7%

Financial Position

Assets (Market)i$141.9M
Accrued Liabilityi$233.0M
Unfunded Liabilityi$89.3M

Annual Cash Flow

Employer Contributioni$6.8M
Employee Contributioni$1.3M
Investment Incomei$12.3M
Benefits Paidi$12.0M

Contribution Adequacy

Required: $7.9MActual: $6.8M-$1.1M

Investments

1-Year Returni+8.9%

Membershipi

135 active147 retired

Fire Pension

DECATUR FIREFIGHTERS PENSION FUND

Funded Ratioii

65.1%

Financial Position

Assets (Market)i$106.1M
Accrued Liabilityi$164.9M
Unfunded Liabilityi$57.5M

Annual Cash Flow

Employer Contributioni$7.1M
Employee Contributioni$957K
Investment Incomei$10.3M
Benefits Paidi$10.0M

Contribution Adequacy

Required: $5.6MActual: $7.1M+$1.5M

Investments

1-Year Returni+10.1%

Membershipi

102 active111 retired