TIF XI Grand Ave/York Road – Capital Projects Fund Statement of Revenues, Expenses and Changes in Net Position

VILLAGE OF BENSENVILLE, ILLINOIS ILLINOIS MUNICIPAL RETIREMENT FUND REQUIRED SUPPLEMENTARY INFORMATION SCHEDULE OF EMPLOYER CONTRIBUTIONS DECEMBER 31, 2021

Fiscal Year

2015 2016 2017 2018 2019 2020 2021

Contributions in Relation to Actuarially of Actuarially Contribution Determined Determined Excess/

Covered Contribution Contributions (Deficiency) Payroll

712,101$ 650,850 599,981 576,155 476,755 563,175 512,230 712,101$ 650,849 599,981 576,154 476,755 563,174 512,566 $ 6,133,513 $ 1 5,842,461 5,545,109 1 5,430,301 5,537,225 1 5,603,730 (336) 5,628,896

Contributions as a Percentage of Covered Payroll

11.61% 11.14% 10.82% 10.61% 8.61% 10.05% 9.10%

Notes to the Required Supplementary Information:

Actuarial Cost Method Amortization Method Remaining Amortization Period Asset Valuation Method Inflation Salary Increases Investment Rate of Return Retirement Age

Mortality Entry Age Normal Level % Pay (Closed) 22 Years 5-Year Smoothed 2.50% 3.35% - 14.25% 7.25% Experience-based table of rates that are specific to the type of eligibility condi on. Last updated for the 2017 valua on pursuant to an experience study of the period 2014-2016. MP-2017 (base year 2015)

Note: This schedule is intended to show information for ten years and additional year's information will be displayed as it becomes available.