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  2. /Illinois
  3. /Will County
  4. /Crest Hill
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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

77.1%

Total Unfundedi

$8.7M

Annual Employer Costi

$2.0M

32 active / 18 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

7.42%

Covered Payrolli

$846K

Employer Rate Breakdowni

Retirement Normal Costi4.4%
Funding Adjustmenti2.2%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei7.4%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

CREST HILL POLICE PENSION FUND

Funded Ratioi

77.1%

Financial Position

Assets (Market)i$28.4M
Accrued Liabilityi$38.2M
Unfunded Liabilityi$8.7M

Annual Cash Flow

Employer Contributioni$2.0M
Employee Contributioni$313K
Investment Incomei$2.5M
Benefits Paidi$1.6M

Contribution Adequacy

Required: $1.0MActual: $2.0M+$951K

Investments

1-Year Returni+9.3%

Membershipi

32 active18 retired