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  2. /Illinois
  3. /McLean County
  4. /Bloomington
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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

61.8%

Total Unfundedi

$133.6M

Annual Employer Costi

$12.3M

243 active / 185 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

8.30%

Covered Payrolli

$12.7M

Employer Rate Breakdowni

Retirement Normal Costi4.7%
Funding Adjustmenti2.9%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei8.3%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

BLOOMINGTON POLICE PENSION FUND

Funded Ratioi

59.9%

Financial Position

Assets (Market)i$114.6M
Accrued Liabilityi$197.1M
Unfunded Liabilityi$79.0M

Annual Cash Flow

Employer Contributioni$6.7M
Employee Contributioni$1.4M
Investment Incomei$9.9M
Benefits Paidi$9.6M

Contribution Adequacy

Required: $7.3MActual: $6.7M-$551K

Investments

1-Year Returni+9.0%

Membershipi

124 active103 retired

Fire Pension

BLOOMINGTON FIREFIGHTERS PENSION FUND

Funded Ratioii

64.2%

Financial Position

Assets (Market)i$100.1M
Accrued Liabilityi$152.7M
Unfunded Liabilityi$54.6M

Annual Cash Flow

Employer Contributioni$5.6M
Employee Contributioni$1.0M
Investment Incomei$12.9M
Benefits Paidi$7.4M

Contribution Adequacy

Required: $5.6MActual: $5.6M+$22K

Investments

1-Year Returni+13.8%

Membershipi

119 active82 retired