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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

72.3%

Total Unfundedi

$4.1M

Annual Employer Costi

$562K

21 active / 8 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

5.71%

Covered Payrolli

$243K

Employer Rate Breakdowni

Retirement Normal Costi4.5%
Funding Adjustmenti0.5%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei5.7%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

COLUMBIA POLICE PENSION FUND

Funded Ratioi

72.3%

Financial Position

Assets (Market)i$10.3M
Accrued Liabilityi$14.9M
Unfunded Liabilityi$4.1M

Annual Cash Flow

Employer Contributioni$562K
Employee Contributioni$551K
Investment Incomei$830K
Benefits Paidi$586K

Contribution Adequacy

Required: $465KActual: $562K+$97K

Investments

1-Year Returni+8.6%

Membershipi

21 active8 retired