In fiscal year 2024, the Westmont Police Pension Fund was the 156th most underfunded among Illinois police and fire pension funds, maintaining just 56% of the assets needed to fulfill promised retirement benefits, according to the Illinois Department of Insurance.
The Elmhurst Police Pension Fund faced $39,322,330 in unfunded liabilities in 2024, indicating it was 30.3% below the assets needed to fulfill all promised pension benefits.
In fiscal year 2024, the Warrenville Police Pension Fund was ranked 419th among Illinois’ pension systems for underfunding, with 74.3% of its promised retirement benefits supported by actuarial assets, as reported by the Illinois Department of Insurance.
In fiscal year 2024, the Bensenville Firefighters Pension Fund placed 348th for underfunding among Illinois pension systems, holding just 69.4% of the assets needed to meet promised retirement benefits, data from the Illinois Department of Insurance shows.
The Hinsdale Police Pension Fund faced $19,360,093 in unfunded liabilities in 2024, amounting to a 37.8% shortfall in the assets necessary to meet promised retirement benefits.
In fiscal 2024, the Roselle Police Pension Fund placed 244th out of Illinois pension funds with a funding ratio of 62.1%, leaving over a third of its projected retirement payouts unfunded, state insurance officials report.
The Naperville Police Pension Fund reported $54,052,554 in unfunded liabilities in 2024, falling 16.8% short of the assets required to meet future retirement benefit commitments.
In fiscal year 2024, the Willowbrook Police Pension Fund was ranked 322nd for underfunding among Illinois pension systems, securing just 67.3% of its promised retirement payouts with actuarial assets, data from the Illinois Department of Insurance shows.
DuPage County Stormwater Management Committee met Tuesday, March 3
DuPage County Joint County-Conference Intergovernmental Committee met Wednesday, March 25
City of Naperville Historic Preservation Commission met Thursday, March 26
City of Naperville Board of Fire and Police Commissioners met Thursday, March 26
City of Elmhurst City Council met Monday, March 2
A bill sponsored by Rep. Amy Grant passed committee on Mar. 27 and aims to improve housing options for adults with intellectual and developmental disabilities in Illinois. The legislation could increase available services while addressing long waitlists.
In fiscal year 2024, the Warrenville FPD Firefighters Pension Fund was the 469th most underfunded public safety pension system in Illinois, with actuarial assets covering just 79.4% of obligated retirement benefits, the Illinois Department of Insurance reports.