1. States
  2. /Illinois
  3. /Will County
  4. /Plainfield
MyTownView — local government intelligence platformMyTownView

Civic intelligence for your community. Every meeting. Every permit. Every decision.

Platform

Villa ParkBlogRequest Your Town

Company

AboutContact

Follow Us

FacebookInstagram

Legal

Privacy PolicyTerms & Conditions

© 2026 JCAR Development. All rights reserved.

MyTownView
MyTownViewMyTownView
Browse TownsBlogAboutContactRequest a Town
Sign InSign Up

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

102.3%

Annual Employer Costi

$4.3M

143 active / 22 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

9.24%

Covered Payrolli

$3.0M

Employer Rate Breakdowni

Retirement Normal Costi5.0%
Funding Adjustmenti3.5%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei9.2%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

PLAINFIELD POLICE PENSION FUND

Funded Ratioi

82.5%

Financial Position

Assets (Market)i$51.4M
Accrued Liabilityi$65.1M
Unfunded Liabilityi$11.4M

Annual Cash Flow

Employer Contributioni$1.9M
Employee Contributioni$795K
Investment Incomei$4.5M
Benefits Paidi$1.5M

Contribution Adequacy

Required: $1.7MActual: $1.9M+$208K

Investments

1-Year Returni+9.2%

Membershipi

62 active18 retired

Fire Pension

PLAINFIELD FPD FIREFIGHTERS PENSION FUND

Funded Ratioii

134.2%

Financial Position

Assets (Market)i$54.0M
Accrued Liabilityi$40.3M
Unfunded Liabilityi-$13.8M

Annual Cash Flow

Employer Contributioni$2.4M
Employee Contributioni$851K
Investment Incomei$5.1M
Benefits Paidi$270K

Contribution Adequacy

Required: $1.7MActual: $2.4M+$672K

Investments

1-Year Returni+10.3%

Membershipi

81 active4 retired