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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

63.3%

Total Unfundedi

$30.1M

Annual Employer Costi

$2.8M

73 active / 47 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

7.09%

Covered Payrolli

$2.0M

Employer Rate Breakdowni

Retirement Normal Costi4.5%
Funding Adjustmenti1.8%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei7.1%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

EDWARDSVILLE POLICE PENSION FUND

Funded Ratioi

62.3%

Financial Position

Assets (Market)i$30.8M
Accrued Liabilityi$50.4M
Unfunded Liabilityi$19.0M

Annual Cash Flow

Employer Contributioni$1.6M
Employee Contributioni$428K
Investment Incomei$2.6M
Benefits Paidi$2.1M

Contribution Adequacy

Required: $1.9MActual: $1.6M-$274K

Investments

1-Year Returni+8.8%

Membershipi

40 active28 retired

Fire Pension

EDWARDSVILLE FIREFIGHTERS PENSION FUND

Funded Ratioii

64.8%

Financial Position

Assets (Market)i$20.0M
Accrued Liabilityi$31.5M
Unfunded Liabilityi$11.1M

Annual Cash Flow

Employer Contributioni$1.3M
Employee Contributioni$304K
Investment Incomei$1.8M
Benefits Paidi$1.3M

Contribution Adequacy

Required: $1.3MActual: $1.3M-$75K

Investments

1-Year Returni+9.5%

Membershipi

33 active19 retired