1. States
  2. /Illinois
  3. /Marion County
  4. /Salem
MyTownView — local government intelligence platformMyTownView

Civic intelligence for your community. Every meeting. Every permit. Every decision.

Platform

Villa ParkBlogRequest Your Town

Company

AboutContactCoverage Map

Follow Us

FacebookInstagramRedditX / Twitter

Legal

Privacy PolicyTerms & Conditions

© 2026 JCAR Development. All rights reserved.  · Buy the devs a beer

MyTownView
MyTownViewMyTownView
Browse TownsBlogAboutContactRequest a Town
Buy the devs a beer
Sign InSign Up

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

61.0%

Total Unfundedi

$6.0M

Annual Employer Costi

$677K

18 active / 12 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

9.99%

Covered Payrolli

$1.6M

Employer Rate Breakdowni

Retirement Normal Costi4.7%
Funding Adjustmenti4.5%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei10.0%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

SALEM POLICE PENSION FUND

Funded Ratioi

61.0%

Financial Position

Assets (Market)i$9.1M
Accrued Liabilityi$15.5M
Unfunded Liabilityi$6.0M

Annual Cash Flow

Employer Contributioni$677K
Employee Contributioni$166K
Investment Incomei$771K
Benefits Paidi$753K

Contribution Adequacy

Required: $579KActual: $677K+$98K

Investments

1-Year Returni+8.9%

Membershipi

18 active12 retired