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  2. /Illinois
  3. /Will County
  4. /Braidwood
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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

66.6%

Total Unfundedi

$3.0M

Annual Employer Costi

$299K

14 active / 6 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

0.82%

Employer Rate Breakdowni

Retirement Normal Costi0.0%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei0.8%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

BRAIDWOOD POLICE PENSION FUND

Funded Ratioi

66.6%

Financial Position

Assets (Market)i$5.7M
Accrued Liabilityi$8.9M
Unfunded Liabilityi$3.0M

Annual Cash Flow

Employer Contributioni$299K
Employee Contributioni$81K
Investment Incomei$496K
Benefits Paidi$465K

Contribution Adequacy

Required: $313KActual: $299K-$14K

Investments

1-Year Returni+8.9%

Membershipi

14 active6 retired