The Illinois Tollway has started improvement work at six toll plazas along I-88 beginning late March. Drivers can expect lane closures and detours through 2026 as crews upgrade infrastructure under two major capital programs.
For fiscal year 2024, the Lombard Firefighters Pension Fund was 478th among Illinois pension funds in underfunding, with just 80.1% of promised retirement benefits supported by actuarial assets, the Illinois Department of Insurance reports.
In fiscal year 2024, the Wheaton Police Pension Fund placed 549th among Illinois pension funds in underfunding, with actuarial assets backing just 91.2% of its committed retirement benefits, data from the Illinois Department of Insurance show.
The Oakbrook Terrace Fire Protection District Pension Fund reported $2,639,694 in unfunded liabilities in 2024, leaving the system just 46% funded and 54.0% short of being able to meet its promised pension obligations.
The Downers Grove Police Pension Fund reported $61,121,653 in unmet pension obligations in 2024, leaving the fund 44.1% short of assets needed to fulfill all guaranteed retirement benefits.
With just 56.2% of its promised retirement benefits supported by actuarial assets, the Clarendon Hills Police Pension Fund placed 159th for underfunding among Illinois police and fire pensions in fiscal 2024, according to the Illinois Department of Insurance.
The Wood Dale FPD Firefighters Pension Fund held $32,350,412 in unfunded liabilities in 2024, missing 64.9% of the assets required to support pledged retirement benefits.
During fiscal year 2024, the West Chicago Police Pension Fund was ranked 369th in underfunding among all Illinois pension systems, with only 70.6% of its expected retirement benefits supported by actuarial assets, Illinois Department of Insurance data shows.
In fiscal year 2024, the Darien Police Pension Fund stood at 194th place for underfunding among Illinois pension systems, with actuarial assets supporting only 58.7% of its projected retirement payouts, according to the Illinois Department of Insurance.
The Carol Stream FPD Firefighters Pension Fund faced a $22,838,853 shortfall in 2024, indicating it was 28.6% below the assets required to fully meet its pension obligations.
In fiscal year 2024, the Oak Brook Firefighters Pension Fund was the 240th most underfunded among Illinois police and fire pension funds, with an actuarial funding level of just 61.7%, according to the Illinois Department of Insurance.
Rep. Sean Casten, author of a new House bill, calls for measures to tackle skilled labor shortages impacting national defense capabilities.
The Bloomingdale Police Pension Fund reported $38,803,236 in unfunded liabilities for 2024, indicating the fund was short 45.4% of the assets required to meet its retirement benefit commitments.
The Itasca Police Pension Fund reported $22,478,727 in unfunded liabilities for 2024, falling short by 51.2% of the assets needed to fully meet promised retirement payouts.
In fiscal year 2024, the Addison Police Pension Fund ranked as the 211th most underfunded pension system in Illinois, backing just 60.1% of its retirement obligations with actuarial assets, Illinois Department of Insurance data shows.