In fiscal year 2024, the Elmhurst Firefighters Pension Fund was ranked 446th for underfunding among Illinois police and fire pension funds, having 76.5% of its projected pension payments covered by actuarial assets, per the Illinois Department of Insurance.
The Tri-State FPD Firefighters Pension Fund in Willowbrook reported $13,666,018 in unfunded pension obligations for 2024, leaving the fund 18.9% below the assets required to cover all promised benefits.
In 2024, the Glen Ellyn Police Pension Fund reported unfunded liabilities totaling $20,278,520, indicating the fund was short by 32.6% of the assets required to fully meet its retirement benefit obligations.
In fiscal year 2024, the Glenside FPD Firefighters Pension Fund in Glendale Heights placed 472nd among Illinois pension funds for underfunding, with only 79.7% of projected retirement benefits supported by actuarial assets, according to the Illinois Department of Insurance.
Drivers in DuPage County reported a weekly low of $4.59 per gallon for premium gas in the week ending Mar. 21.
In fiscal year 2024, the Naperville Firefighters Pension Fund placed 518th among Illinois pension systems for underfunding, with just 86.2% of promised retirement benefits supported by actuarial assets, according to state data.
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.
In fiscal year 2024, the Winfield FPD Firefighters Pension Fund held the 628th spot among Illinois pension systems in underfunding, supporting just 124.3% of its projected retirement liabilities with actuarial assets, according to the Illinois Department of Insurance.
In fiscal year 2024, the Winfield Police Pension Fund was ranked 225th among Illinois police and fire pension systems for having one of the lowest funding ratios, with just 60.8% of promised retirement benefits supported by actuarial assets, state insurance data shows.
The Wheaton Firefighters Pension Fund reported unfunded liabilities of -$1,057,154 in 2024, leaving the system -1.8% short of having enough assets to fully meet its retirement benefit commitments.
The Addison Firefighters Pension Fund in 2024 reported an unfunded liability of -$59,128, signaling it was short by -0.1% of the assets required to meet all promised retirement benefits.
In fiscal year 2024, the Wood Dale Police Pension Fund placed 165th out of Illinois pension systems for underfunding, with just 56.8% of its committed retirement benefits supported by actuarial assets, according to data from the Illinois Department of Insurance.
In fiscal year 2024, the York Center Fire Protection District Pension Fund in Lombard held the 597th position among Illinois' most underfunded pension systems, with just 101.1% of its retirement benefit liabilities covered by actuarial assets, per the Illinois Department of Insurance.
The Roselle Firefighters Pension Fund had $3,830,435 in unfunded obligations in 2024, showing a 23.1% gap between assets and promised retirement payments.
The Lisle-Woodridge FPD Firefighters Pension Fund reported $82,751,218 in unfunded liabilities in 2024, which leaves the system 45.2% below the assets needed to meet all retirement benefit obligations.