city-of-decatur-illinois-annual-comprehensive-financial-report_504.pdf
IFPIF Manages Firefighter Pension Investments for Decatur
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Description
The Illinois Firefighters’ Pension Investment Fund manages the City of Decatur’s firefighter pension investments, with over $101 million pooled as of December 2024, in line with statewide consolidation requirements.
Contract Details
Vendor
ILLINOIS FIREFIGHTERS' PENSION INVESTMENT FUND
Agency
City of Decatur city, IL
Contract Type
FINANCIAL_SERVICES
Document Date
December 31, 2024
Contract Term
Ongoing fiduciary management (mandatory participation as of January 1, 2020; Decatur balance as of December 31, 2024: $101,633,785)
Renewal Info
Ongoing per Illinois law; withdrawal/redemption protocols subject to trust rules; mandatory per state statute.
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