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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

57.0%

Total Unfundedi

$23.4M

Annual Employer Costi

$2.2M

37 active / 52 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

9.48%

Covered Payrolli

$1.6M

Employer Rate Breakdowni

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

Amortization period: 17 years remainingi

Police Pension

CENTRALIA POLICE PENSION FUND

Funded Ratioi

50.4%

Financial Position

Assets (Market)i$14.7M
Accrued Liabilityi$28.9M
Unfunded Liabilityi$14.3M

Annual Cash Flow

Employer Contributioni$1.4M
Employee Contributioni$165K
Investment Incomei$1.1M
Benefits Paidi$1.8M

Contribution Adequacy

Required: $1.2MActual: $1.4M+$167K

Investments

1-Year Returni+8.1%

Membershipi

21 active28 retired

Fire Pension

CENTRALIA FIREFIGHTERS PENSION FUND

Funded Ratioii

64.5%

Financial Position

Assets (Market)i$16.3M
Accrued Liabilityi$25.5M
Unfunded Liabilityi$9.1M

Annual Cash Flow

Employer Contributioni$858K
Employee Contributioni$108K
Investment Incomei$1.5M
Benefits Paidi$1.5M

Contribution Adequacy

Required: $782KActual: $858K+$75K

Investments

1-Year Returni+9.8%

Membershipi

16 active24 retired