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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

74.0%

Total Unfundedi

$3.8M

Annual Employer Costi

$627K

16 active / 15 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

5.35%

Employer Rate Breakdowni

Retirement Normal Costi4.6%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei5.3%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

METROPOLIS POLICE PENSION FUND

Funded Ratioi

74.0%

Financial Position

Assets (Market)i$10.7M
Accrued Liabilityi$14.7M
Unfunded Liabilityi$3.8M

Annual Cash Flow

Employer Contributioni$627K
Employee Contributioni$104K
Investment Incomei$1.0M
Benefits Paidi$686K

Contribution Adequacy

Required: $369KActual: $627K+$257K

Investments

1-Year Returni+10.1%

Membershipi

16 active15 retired