McHenry County Fire and Police Pension Funding

Some might be interested in comparing this local information with the statewide data above and that in the article below.

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A Friend of McHenry County Blog pulled this pension funding information for 2012 through 2016 from the Illinois Insurance Department.

Local levels of pension funding, financed mainly from property taxes, are compared with those of state pension funds, including thos eof legislators (of which I am one on the receiving end) and judges.

The Illinois Municipal Retirement Fund, financed from real estate taxes, is the pension system for county employees, including those working for the Sheriff’s Department, plus municipal, park district and library district workers.

The McHenry Township Fire Protection District is funded at a stunning 515.83%–five times higher than the amount needed to pay accrued pensions.

Nest are the Barrington and Huntley pension funds for firefighters–both over 89%.

The Nunda Rural Fire Protection District is lowest on the list at 2.68%.

Besides Nunda Rural, locally, the following are under 50% are those of

Johnsburg Police – 40.05%

Marengo Police – 44.01%

On can easily see that local boards have done a much better job of funding their pension liabilities that state government.

4/30/2016 4/30/2015 4/30/2014 4/30/2013 4/30/2012
Actuarial Funding % 77.83% 75.43% 75.26% 76.06% 71.36% ALGONQUIN LAKE IN THE HILLS FPD PENSION FUND
Actuarial Funding % 65.66% 64.68% 63.70% 65.05% 64.24% ALGONQUIN POLICE PENSION FUND
Actuarial Funding % 89.67% 89.75% 90.92% 80.86% 80.16% BARRINGTON FIREFIGHTERS PENSION FUND
Actuarial Funding % 63.08% 61.64% 58.92% 56.28% 53.91% BARRINGTON HILLS POLICE PENSION FUND
Actuarial Funding % 58.84% 58.17% 54.34% 53.29% 52.91% CARPENTERSVILLE POLICE PENSION FUND
Actuarial Funding % 84.59% 82.53% 80.30% 84.06% 82.14% CARY FPD FIREFIGHTERS PENSION FUND
Actuarial Funding % 51.47% 50.27% 51.77% 52.51% 51.31% CARY POLICE PENSION FUND
Actuarial Funding % 70.04% 68.41% 67.62% 65.52% 64.28% CRYSTAL LAKE FIREFIGHTERS PENSION FUND
Actuarial Funding % 59.22% 59.28% 58.04% 57.41% 58.49% CRYSTAL LAKE POLICE PENSION FUND
Actuarial Funding % N/A N/A N/A FOX LAKE FIREFIGHTERS PENSION FUND
Actuarial Funding % 85.25% 78.95% 71.82% 72.91% 57.04% FOX LAKE FIREFIGHTERS FPD PENSION FUND
Actuarial Funding % 79.60% 74.35% 72.95% 74.56% 71.15% FOX LAKE POLICE PENSION FUND
Actuarial Funding % N /A N/A N/A FOX RIVER GROVE FPD FIREFIGHTERS PENSION FUND
Actuarial Funding % 28.67% 16.02% 16.01% 19.56% 18.81% FOX RIVER GROVE POLICE PENSION FUND
Actuarial Funding % 13.99% 16.01% 15.96% 16.18% 18.48% GENERAL ASSEMBLY RETIREMENT SYSTEM
Actuarial Funding % N/A N/A N/A HARVARD FPD PENSION FUND
Actuarial Funding % 65.82% 64.33% 64.96% 67.10% 64.55% HARVARD POLICE PENSION FUND
Actuarial Funding % 89.28% 89.82% 89.83% 94.19% 96.14% HUNTLEY FPD FIREFIGHTERS PENSION FUND
Actuarial Funding % 51.37% 51.12% 48.27% 44.53% 41.16% HUNTLEY POLICE PENSION FUND
Actuarial Funding % 90.41% 90.05% 89.13% 89.69% 87.12% ILLINOIS MUNICIPAL RETIREMENT FUND
Actuarial Funding % 40.05% 40.39% 41.56% 43.22% 42.00% JOHNSBURG POLICE PENSION FUND
Actuarial Funding % 34.20% 34.75% 31.64% 28.29% 29.74% JUDGES RETIREMENT SYSTEM OF ILLINOIS
Actuarial Funding % 57.02% 53.24% 52.69% 52.63% LABORERS AND RETIREMENT BOARD EMPLOYEE’S A & B FUND OF CHICAGO
Actuarial Funding % 80.72% 80.80% 78.78% 79.26% 81.46% LAKE IN THE HILLS POLICE PENSION FUND
Actuarial Funding % 44.01% 43.65% 43.72% 43.90% 44.98% MARENGO POLICE PENSION FUND
Actuarial Funding % 53.76% 52.91% 52.27% 52.21% 51.97% MCHENRY POLICE PENSION FUND
Actuarial Funding % 515.83% 1154.51% 1744.91% 1242.73% 66.05% MCHENRY TOWNSHIP FIREFIGHTERS PENSION FUND
Actuarial Funding % 2.68% 3.32% 3.78% 3.48% 3.51% NUNDA RURAL FPD FIREFIGHTERS PENSION FUND
Actuarial Funding % 39.15% 43.47% 43.71% 45.53% 43.37% CHICAGO PARK EMPLOYEES & RETIREMENT BOARD FUND A & B
Actuarial Funding % 51.26% 42.03% 37.88% 36.40% 35.43% SPRING GROVE POLICE PENSION FUND
Actuarial Funding % 34.35% 36.18% 33.69% 34.21% 34.68% STATE EMPLOYEES RETIREMENT SYSTEM OF ILLINOIS
Actuarial Funding % 43.26% 43.26% 42.33% 41.49% 42.06% STATE UNIVERSITIES RETIREMENT SYSTEM
Actuarial Funding % 39.81% 42.02% 40.63% 40.64% 42.15% TEACHERS RETIREMENT SYSTEM OF ILLINOIS
Actuarial Funding % 62.90% 59.12% 51.45% 55.29% 53.36% WOODSTOCK FIRE/RESCUE DIST. FIREFIGHTERS PENSION
Actuarial Funding % 63.66% 65.89% 65.58% 65.64% 65.86% WOODSTOCK POLICE PENSION FUND

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