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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

72.1%

Total Unfundedi

$4.9M

Annual Employer Costi

$1.0M

39 active / 15 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

8.95%

Covered Payrolli

$643K

Employer Rate Breakdowni

Retirement Normal Costi4.2%
Funding Adjustmenti4.0%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei8.9%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

MANHATTAN POLICE PENSION FUND

Funded Ratioi

46.7%

Financial Position

Assets (Market)i$4.4M
Accrued Liabilityi$9.8M
Unfunded Liabilityi$5.2M

Annual Cash Flow

Employer Contributioni$582K
Employee Contributioni$106K
Investment Incomei$384K
Benefits Paidi$441K

Contribution Adequacy

Required: $520KActual: $582K+$62K

Investments

1-Year Returni+9.3%

Membershipi

12 active12 retired

Fire Pension

MANHATTAN FPD FIREFIGHTERS PENSION FUND

Funded Ratioii

103.9%

Financial Position

Assets (Market)i$8.6M
Accrued Liabilityi$7.8M
Unfunded Liabilityi-$304K

Annual Cash Flow

Employer Contributioni$459K
Employee Contributioni$272K
Investment Incomei$731K
Benefits Paidi$108K

Contribution Adequacy

Required: $391KActual: $459K+$68K

Investments

1-Year Returni+9.1%

Membershipi

27 active3 retired