Pension Funds — Chatham, Illinois

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Pension Funds — FY 2024i

Source

Combined Funded Ratioi

75.0%

Total Unfundedi

$6.2M

34 active / 13 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

9.66%

Covered Payrolli

$1.2M

Employer Rate Breakdowni

Retirement Normal Costi4.7%

Funding Adjustmenti4.2%

Death Benefiti0.1%

Disabilityi0.0%

Supplemental Benefiti0.6%

Total Employer Ratei9.7%

Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

CHATHAM POLICE PENSION FUND

Funded Ratioi

78.0%

Financial Position

Assets (Market)i—

Accrued Liabilityi$15.7M

Unfunded Liabilityi$3.4M

Annual Cash Flow

Investment Incomei$1.0M

Investments

1-Year Returni+9.2%

Membershipi

17 active8 retired

Fire Pension

CHATHAM FPD FIREFIGHTERS PENSION FUND

Funded Ratioii

69.9%

Financial Position

Assets (Market)i$6.2M

Accrued Liabilityi$9.1M

Unfunded Liabilityi$2.7M

Annual Cash Flow

Employer Contributioni$0

Employee Contributioni$121K

Investment Incomei$807K

Benefits Paidi$208K

Contribution Adequacy

Required: $379KActual: $0-$379K

Investments

1-Year Returni+13.8%

Membershipi

17 active5 retired