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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

97.9%

Total Unfundedi

$222K

Annual Employer Costi

$316K

17 active / 5 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

6.39%

Covered Payrolli

$206K

Employer Rate Breakdowni

Retirement Normal Costi4.6%
Funding Adjustmenti1.1%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei6.4%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

ROCKTON POLICE PENSION FUND

Funded Ratioi

97.9%

Financial Position

Assets (Market)i$10.1M
Accrued Liabilityi$10.5M
Unfunded Liabilityi$222K

Annual Cash Flow

Employer Contributioni$316K
Employee Contributioni$133K
Investment Incomei$1.2M
Benefits Paidi$297K

Contribution Adequacy

Required: $189KActual: $316K+$127K

Investments

1-Year Returni+13.2%

Membershipi

17 active5 retired