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

60.3%

Total Unfundedi

$72.1M

Annual Employer Costi

$7.6M

151 active / 103 retired across all fundsi

Funded Ratio Trendi

Employer Contributions Over Timei

Police Pension

NORMAL POLICE PENSION FUND

Funded Ratioi

57.3%

Financial Position

Assets (Market)i$58.1M
Accrued Liabilityi$99.8M
Unfunded Liabilityi$42.7M

Annual Cash Flow

Employer Contributioni$4.1M
Employee Contributioni$740K
Investment Incomei$6.8M
Benefits Paidi$4.5M

Contribution Adequacy

Required: $4.0MActual: $4.1M+$80K

Investments

1-Year Returni+12.5%

Membershipi

81 active56 retired

Fire Pension

NORMAL FIREFIGHTERS PENSION FUND

Funded Ratioii

63.9%

Financial Position

Assets (Market)i$52.8M
Accrued Liabilityi$81.7M
Unfunded Liabilityi$29.5M

Annual Cash Flow

Employer Contributioni$3.5M
Employee Contributioni$550K
Investment Incomei$7.0M
Benefits Paidi$3.7M

Contribution Adequacy

Required: $3.0MActual: $3.5M+$500K

Investments

1-Year Returni+14.1%

Membershipi

70 active47 retired