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.
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.
After projecting its investments would grow by 6.3 percent, the Clarendon Hills Police Pension Fund lost 3.4 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 Police Pension Fund would have lost $1,193,660 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 78.9 percent of the $598,048 the Clarendon Hills Police Pension Fund brought in 2018, or $3.94 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.2 percent of the Clarendon Hills Police 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 6.50 percent, the Clarendon Hills Police Pension Fund netted 2.70 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Clarendon Hills Police Pension Fund had 14 active participants receiving an average salary of $88,418 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 86.9 percent of the $615,382 the Clarendon Hills Police Pension Fund brought in last year, or $6.65 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.3 percent of the Clarendon Hills Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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.