From the minutes of the last Lake in the Hills meetng:
Police Pension Board Financial Impact
- Total net position of the fund increased by $8,602,867 or 16.2% from the prior year.
- The recommended Village contribution increased by $79,856 from the prior year to $1,357,295.
- The actual investment return for the fund was 16.3% for the year.
- The funded ratio of the fund decreased by -0.2% from the prior year (from 93.67% to 93.47%).
- The unfunded liability of the fund increased by $367,384 from the prior year (from $3,628,965 to
$3,996,349).
Compare Lake in the Hills’ pension situation with that of the State of Illinois
Key Pension Metrics & Status (2025/2026 Data) From AI
- Overall Funded Ratio: The aggregate funded ratio for Illinois’ main state-managed pension systems sits at approximately 48% to 52% (well below the national median of roughly 79%). [1, 2, 3]
- Unfunded Pension Debt: Total unfunded liabilities for the state’s “Big Five” retirement systems total roughly $143.5 billion to $148.6 billion (and exceed $200 billion when including local Chicago and overlay funds). [1, 2, 3, 4]
