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  4. /Rochelle
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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

64.1%

Total Unfundedi

$9.3M

Annual Employer Costi

$1.2M

24 active / 16 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

4.90%

Employer Rate Breakdowni

Retirement Normal Costi4.2%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei4.9%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

ROCHELLE POLICE PENSION FUND

Funded Ratioi

64.1%

Financial Position

Assets (Market)i$16.2M
Accrued Liabilityi$25.8M
Unfunded Liabilityi$9.3M

Annual Cash Flow

Employer Contributioni$1.2M
Employee Contributioni$198K
Investment Incomei$1.4M
Benefits Paidi$1.3M

Contribution Adequacy

Required: $922KActual: $1.2M+$269K

Investments

1-Year Returni+8.9%

Membershipi

24 active16 retired