In fiscal year 2024, Clarendon Hills held the 115th lowest for per-household police and fire pension debt in Illinois, reaching $2,536, according to the Illinois Department of Insurance.
The Clarendon Hills Firefighters Pension Fund reported -$378,560 in unfunded liabilities during 2024, leaving the system short by -23.3% of the assets needed to fully meet promised retirement payments.
After projecting its investments would grow by 5 percent, the Clarendon Hills Firefighters Pension Fund netted 0.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
Without members and taxpayers subsidizing its revenue, the Clarendon Hills Firefighters Pension Fund would have lost $1,832 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 79.3 percent of the $59,016 the Clarendon Hills Firefighters Pension Fund brought in 2018, or $3.84 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 88.8 percent of the Clarendon Hills Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
After projecting its investments would grow by 5.00 percent, the Clarendon Hills Firefighters Pension Fund lost 0.27 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Clarendon Hills Firefighters Pension Fund had 1 active participants receiving an average salary of $127,296 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 85.1 percent of the $56,698 the Clarendon Hills Firefighters Pension Fund brought in last year, or $5.71 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 82.3 percent of the Clarendon Hills Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Divisi
Government pension funds in Clarendon Hills, Lombard and Oakbrook Terrace depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
Government pension funds in Clarendon Hills, Lombard and Oakbrook Terrace depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
West Chicago, Oak Brook and Clarendon Hills have government pension funds with the highest funding levels in DuPage County, according to the Illinois Department of Insurance.
West Chicago, Oak Brook and Clarendon Hills have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.