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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

37.7%

Total Unfundedi

$130.6M

Annual Employer Costi

$11.1M

133 active / 152 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

6.28%

Covered Payrolli

$2.3M

Employer Rate Breakdowni

Retirement Normal Costi4.5%
Funding Adjustmenti1.0%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei6.3%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

ROCK ISLAND POLICE PENSION FUND

Funded Ratioi

39.7%

Financial Position

Assets (Market)i$47.7M
Accrued Liabilityi$121.1M
Unfunded Liabilityi$73.0M

Annual Cash Flow

Employer Contributioni$6.1M
Employee Contributioni$600K
Investment Incomei$4.0M
Benefits Paidi$6.7M

Contribution Adequacy

Required: $6.2MActual: $6.1M-$170K

Investments

1-Year Returni+8.8%

Membershipi

71 active88 retired

Fire Pension

ROCK ISLAND FIREFIGHTERS PENSION FUND

Funded Ratioii

35.0%

Financial Position

Assets (Market)i$30.9M
Accrued Liabilityi$88.6M
Unfunded Liabilityi$57.6M

Annual Cash Flow

Employer Contributioni$5.0M
Employee Contributioni$474K
Investment Incomei$2.9M
Benefits Paidi$5.3M

Contribution Adequacy

Required: $5.3MActual: $5.0M-$241K

Investments

1-Year Returni+9.7%

Membershipi

62 active64 retired