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McHenry Times

Thursday, November 21, 2024

Actuarial funding percentage for Lakemoor's police pension in 2018 was 36.1%

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Actuarial funding percentage for Lakemoor's police pension in 2018 was 36.1 percent, according to the Illinois Department of Insurance (IDOI).

The pension's assets equaled $1 million in 2018, while the liabilities equaled $2.8 million. The pension has 14 members and one beneficiary.

The funding percentage of pensions in Lakemoor is lower than the average funding percentage for the state of Illinois.

According to the American Academy of Actuaries, a funding percentage is a “point-in-time” measurement and not necessarily indicative of long-term health.

However, a 100 percent funding level is recommended by the Government Finance Officers Association.

Top Actuarial Funding Percentages by City
CityAssetsLiabilityPercentage
Machesney Park$227,447$101,327224.5
Eureka$731,481$609,208120.1
Bement$330,615$314,733105.1
Campton Hills$2,202,457$2,122,963103.7
Rantoul$30,278,487$30,396,96399.6
Plainfield$56,677,581$57,399,09698.7
Manteno$14,372,947$15,193,57894.6
Long Grove$10,956,190$12,176,61890
Bartonville$4,101,607$4,584,52289.5
Minooka$13,008,638$14,623,10589
Shiloh$5,842,748$6,616,06288.3
Oswego$46,689,520$53,769,54486.8
Rockton$5,614,483$6,466,15586.8
Mokena$36,891,364$42,832,97386.1
Channahon$16,001,064$18,634,36285.9
Shorewood$16,302,883$19,200,95484.9
Elwood$1,647,913$1,948,61284.6
Orland Park$251,351,296$297,363,26584.5
Mt Zion$3,080,508$3,700,71283.2
Lincolnshire$60,310,078$73,995,14781.5
Inverness$14,155,058$17,388,27681.4
O'Fallon$31,451,561$39,125,00380.4
Round Lake Park$5,964,304$7,467,52179.9
Stillman Valley$351,912$445,16779.1
Clinton$7,750,783$9,808,45579
Lindenhurst$8,651,547$11,019,64278.5
Glen Carbon$8,247,045$10,612,61177.7
Morton$13,205,329$17,044,96577.5
Lake Villa$10,118,885$13,202,34176.6
Lake in the Hills$56,885,681$74,361,99076.5
Gilberts$6,912,331$9,044,35776.4
Palos Park$21,639,393$28,310,32976.4
Fox Lake$16,757,378$21,966,64976.3
Beach Park$1,778,200$2,333,03576.2
Byron$11,383,595$15,021,50175.8
Deerfield$87,890,586$115,974,44075.8
Marseilles$4,213,740$5,559,42375.8
Swansea$13,637,518$18,022,82275.7
Round Lake$27,568,707$36,574,63575.4
Urbana$87,591,070$116,516,84675.2
Champaign$195,904,097$260,788,81475.1
Mascoutah$5,767,680$7,729,76074.6
Crete$8,293,325$11,172,04274.2
Markham$29,948,846$40,458,91374
Naperville$357,740,636$483,273,58474
Arlington Heights$243,602,256$329,839,96573.9
Huntley$37,732,158$51,332,98973.5
Ingleside$1,804,317$2,467,37173.1
Chester$3,475,390$4,767,17472.9
Vernon Hills$76,499,843$105,026,30172.8
Tinley Park$71,282,678$98,169,13472.6
Winthrop Harbor$4,116,594$5,678,25372.5
Romeoville$51,781,286$71,584,13672.3
Highwood$7,428,590$10,370,09471.6
Bartlett$61,320,711$85,713,91971.5
Crest Hill$19,468,513$27,307,28371.3
Collinsville$50,675,811$71,142,49071.2
Frankfort$33,426,360$46,946,83871.2
Northlake$39,186,292$55,067,19671.2
Troy$8,656,946$12,161,15871.2
Gurnee$85,109,554$119,720,59971.1
Warrenville$25,496,453$35,937,79371
Bourbonnais$17,735,403$25,131,28570.6
Prospect Heights$22,090,341$31,288,34670.6
West Chicago$65,160,730$92,665,82870.3
Buffalo Grove$130,069,334$185,359,47270.2
Mahomet$1,725,954$2,459,40870.2
North Aurora$27,443,730$39,091,06570.2
Evergreen Park$52,422,124$75,023,44669.9
New Lenox$26,979,201$38,658,70769.8
Fairview Heights$32,527,982$46,648,31869.7
Lemont$48,936,847$70,219,83269.7
Columbia$6,642,150$9,588,47669.3
Peru$2,489,211$3,592,04469.3
Round Lake Beach$22,535,441$32,535,54269.3
South Holland$42,072,248$60,842,24069.2
Hickory Hills$25,767,684$37,268,63769.1
Milan$9,758,236$14,153,63469
Winnetka$59,871,498$86,741,55469
Streamwood$91,436,157$132,855,95868.8
Algonquin$28,857,245$42,079,52368.6
Plano$6,320,441$9,238,92068.4
Princeton$16,633,756$24,371,74468.3
Effingham$26,968,311$39,684,79868
Elburn$10,486,338$15,473,15967.8
Glenview$165,183,851$243,890,79367.7
Carol Stream$90,602,928$134,265,77467.5
Willowbrook$22,112,370$32,742,75267.5
Grayslake$36,177,110$53,708,43867.4
Lawrenceville$4,390,766$6,514,48067.4
Lombard$133,474,306$198,336,01767.3
Highland$11,500,127$17,225,67366.8
Metropolis$12,421,853$18,641,97866.6
Crestwood$1,089,048$1,638,63966.5
Maryville$4,546,568$6,833,26766.5
Hinsdale$49,255,225$74,445,76466.2
Robinson$9,797,033$14,817,40966.1
Wilmington$6,231,400$9,434,61266.1
Marion$26,320,371$39,930,85365.9
Creve Coeur$2,187,629$3,330,64465.7
Spring Valley$4,701,907$7,153,62465.7
Godfrey$7,837,284$11,946,35665.6
Lockport$89,117,632$135,780,11065.6
South Barrington$10,853,813$16,632,27465.3
Countryside$21,231,694$32,581,31665.2
Posen$5,122,660$7,855,61065.2
Burr Ridge$18,087,630$27,785,97065.1
Harvard$11,095,718$17,058,81365
Burbank$68,889,772$106,489,01164.7
Chatham$11,027,145$17,074,26264.6
Glen Ellyn$31,426,497$48,640,59364.6
Park Ridge$95,209,862$147,637,52964.5
Wheaton$91,548,359$143,090,94164
Edwardsville$38,048,399$59,635,61363.8
Paris$13,784,171$21,651,10763.7
Woodstock$32,218,630$50,559,80363.7
Greenville$4,826,285$7,608,08263.4
Benton$7,145,157$11,314,24563.2
South Elgin$31,753,645$50,211,22663.2
Burlington$483,662$768,75962.9
Glendale Heights$53,231,217$84,676,71462.9
Oak Forest$52,047,194$82,894,62662.8
Bradley$19,120,519$30,513,68562.7
Waterloo$6,300,480$10,063,90662.6
Northfield$18,825,666$30,109,81762.5
Mt Vernon$37,807,895$60,579,72362.4
Elmhurst$107,331,267$172,977,97262.1
Taylorville$14,034,031$22,583,29462.1
Barrington$39,022,656$62,992,36062
Glencoe$35,280,645$56,960,98261.9
Litchfield$11,519,311$18,619,59761.9
Dolton$39,784,888$64,495,46261.7
Cary$16,798,657$27,298,51461.5
Crystal Lake$75,488,898$122,806,54361.5
Darien$86,336,467$140,288,95561.5
Beecher$8,277,017$13,492,42261.4
Rochelle$20,940,542$34,218,77561.2
Morris$15,406,101$25,211,43361.1
McHenry$30,057,733$49,273,16261
Wilmette$95,381,165$156,294,10461
Mendota$9,451,988$15,557,87260.8
Carpentersville$68,070,328$112,152,33660.7
Schaumburg$230,928,252$380,833,02860.6
Braidwood$4,173,508$6,904,19460.5
St Charles$75,128,990$124,141,38860.5
Hampshire$4,698,237$7,778,56160.4
Montgomery$10,682,400$17,682,08260.4
Elk Grove Village$160,538,402$266,116,49460.3
Belvidere$37,603,075$62,430,27560.2
Westchester$51,002,696$84,659,34160.2
Geneva$37,729,397$62,756,83860.1
Flora$5,918,975$9,861,18360
Mount Prospect$135,596,194$226,339,72059.9
Sycamore$28,769,056$48,087,64559.8
Libertyville$62,230,440$104,186,36759.7
Lake Forest$68,153,728$114,533,54859.5
Winfield$15,166,355$25,478,39559.5
Clarendon Hills$11,591,746$19,663,39359
Wheeling$94,529,439$160,207,62859
Freeport$59,009,374$100,167,36058.9
Eldorado$1,823,575$3,105,55458.7
South Beloit$5,918,150$10,088,98958.7
Barrington Hills$11,153,496$19,090,15258.4
Bethalto$7,298,900$12,537,04158.2
Flossmoor$17,501,001$30,050,53058.2
Spring Grove$3,077,327$5,286,12158.2
Hodgkins$15,733,577$27,088,77758.1
Roselle$34,110,480$58,761,65258.1
Palos Hills$35,792,957$61,692,00758
Pontiac$14,631,784$25,214,19258
Cahokia$15,425,256$26,629,95157.9
Mundelein$48,825,945$84,285,40657.9
Addison$96,844,893$167,696,39157.8
Hoffman Estates$162,748,716$281,365,98957.8
West Dundee$18,758,571$32,474,52757.8
Brookfield$36,786,027$63,884,69957.6
Oak Brook$66,400,463$115,601,29257.4
Washington$7,879,360$13,732,54557.4
Joliet$393,055,171$686,233,30757.3
East Peoria$53,367,687$93,257,34657.2
Lake Zurich$61,097,779$106,793,29357.2
McCook$12,718,674$22,227,24057.2
Berwyn$133,286,452$233,439,60457.1
Batavia$49,444,516$86,751,04857
Macomb$25,737,034$45,222,51156.9
Broadview$49,052,421$86,391,11356.8
Steger$6,218,767$10,944,63656.8
Bellwood$56,854,698$100,268,43856.7
Decatur$189,160,171$334,609,44856.5
Bloomingdale$64,275,067$114,069,42756.4
Lake Bluff$10,375,855$18,410,11656.4
Roscoe$4,335,096$7,692,81056.4
Hanover Park$54,990,165$97,617,60056.3
Harrisburg$10,185,322$18,088,68556.3
Jacksonville$35,951,980$63,887,70356.3
Palos Heights$32,858,770$58,384,59056.3
Homewood$42,564,919$75,740,59156.2
Rock Falls$14,794,845$26,334,80356.2
Hazel Crest$24,522,685$43,696,15656.1
Richton Park$14,972,865$26,710,09456.1
Wood River$16,427,469$29,279,98556.1
Ivesdale$226,836$405,84555.9
East Moline$45,689,903$82,108,41055.7
Hoopeston$3,274,632$5,886,83255.6
Chillicothe$3,489,475$6,293,09255.5
La Grange Highlands$38,261,612$68,996,03055.5
Hawthorn Woods$4,251,838$7,673,45955.4
Palatine$152,941,312$275,938,48455.4
Herrin$19,305,110$34,942,10255.3
Sterling$27,783,231$50,260,78755.3
Chicago Ridge$35,356,380$64,022,98555.2
Vandalia$4,862,776$8,802,51155.2
La Grange Park$14,981,622$27,259,82155
Geneseo$6,150,600$11,245,25254.7
Villa Park$47,679,314$87,365,66154.6
Harwood Heights$35,553,796$65,216,20454.5
Wauconda$39,303,661$72,132,18354.5
Norridge$27,037,220$49,724,70754.4
Berkeley$9,029,658$16,628,02654.3
Dixon$30,493,891$56,258,90954.2
Loves Park$15,516,839$28,625,95154.2
Midlothian$22,897,868$42,242,16254.2
Itasca$32,455,365$60,021,42654.1
Hillsboro$3,147,148$5,854,96553.8
Kenilworth$8,150,449$15,160,81253.8
Northbrook$102,345,672$191,298,74153.5
East Dundee$11,689,961$21,909,50153.4
West Frankfort$11,167,820$20,907,47453.4
Bolingbrook$128,681,988$242,057,83153.2
Canton$23,302,421$43,793,32853.2
Carlinville$4,242,109$8,015,96352.9
South Chicago Heights$3,761,440$7,108,13652.9
Western Springs$16,093,907$30,609,53852.6
Aurora$399,495,692$762,834,27952.4
River Forest$39,430,968$75,620,47752.1
Lisle$100,176,685$192,763,05152
Skokie$168,412,440$323,776,64852
Salem$7,978,875$15,386,51651.9
Bloomington$139,123,516$269,630,45751.6
Oakbrook Terrace$14,686,426$28,453,92451.6
Sugar Grove$8,087,754$15,676,32951.6
Glenwood$12,370,801$24,084,89551.4
Johnsburg$3,145,274$6,122,91951.4
Normal$69,638,484$135,386,27051.4
Oak Park$149,344,206$291,727,94651.2
Ottawa$34,819,824$68,180,19751.1
Sullivan$4,033,032$7,889,86251.1
Kewanee$18,879,030$37,119,06550.9
Rolling Meadows$80,012,146$157,649,75050.8
Zion$47,149,475$92,777,94950.8
Downers Grove$112,374,598$221,459,30450.7
Matteson$46,223,397$91,381,68750.6
Beardstown$2,731,874$5,410,72550.5
Silvis$7,567,921$15,020,59250.4
Evanston$205,650,328$408,551,05850.3
Morton Grove$71,873,692$142,831,04950.3
Rockford$368,517,205$735,213,27950.1
Peoria$311,316,309$625,848,47949.7
Woodridge$36,157,715$72,796,94349.7
Hinckley$89,841$181,38449.5
Waukegan$168,862,435$341,731,17049.4
Country Club Hills$28,578,484$58,147,81149.2
Mt Carmel$5,510,102$11,203,83849.2
Murphysboro$10,888,357$22,154,50349.2
Carbondale$42,953,313$87,469,13249.1
Elgin$208,767,562$424,932,51749.1
Monee$9,092,086$18,579,68948.9
Calumet City$88,459,397$181,806,42948.7
Des Plaines$173,894,374$357,390,96548.7
Springfield$298,112,990$613,260,42948.6
Staunton$1,301,345$2,675,76848.6
Highland Park$85,308,215$176,077,05148.5
Centralia$23,761,078$49,081,56748.4
Shelbyville$3,606,972$7,541,30947.8
Oak Lawn$153,376,543$321,885,22447.7
Bridgeview$48,126,563$101,802,20247.3
Belleville$73,120,120$155,157,85447.1
Yorkville$9,918,461$21,059,05847.1
Wadsworth$1,275,649$2,721,92046.9
Schiller Park$33,956,121$72,489,05646.8
Anna$4,572,639$9,793,88246.7
Du Quoin$7,480,690$16,139,59146.4
Streator$11,132,080$24,010,00246.4
Peoria Heights$2,768,802$6,023,16246
Calumet Park$8,440,059$18,390,93445.9
Wood Dale$39,605,477$86,324,35745.9
Galesburg$51,825,982$113,190,35645.8
Pekin$58,329,113$127,362,20945.8
Oglesby$3,425,996$7,493,89545.7
Cherry Valley$9,008,058$19,763,53445.6
Westmont$30,130,964$66,082,24745.6
Coal City$4,521,962$9,991,20545.3
La Grange$30,438,428$67,381,26045.2
Lansing$51,852,652$114,929,15645.1
Quincy$70,936,822$157,349,63645.1
Caseyville$4,112,408$9,188,58844.8
Island Lake$3,801,364$8,561,12944.4
Park Forest$35,326,047$79,615,04144.4
Bensenville$31,428,369$71,310,93144.1
Monmouth$13,214,656$30,066,33044
Lincolnwood$21,767,515$49,690,80143.8
Franklin Park$61,356,323$140,582,09343.6
Hillside$31,108,428$71,566,87243.5
Alsip$48,626,296$111,940,47843.4
Forest Park$38,402,417$88,407,23543.4
Marengo$5,640,041$13,223,52942.7
Wayne$2,152,759$5,083,04442.4
DeKalb$67,314,271$161,178,09541.8
Chicago Heights$83,735,253$201,926,61241.5
Sandwich$5,011,216$12,124,69641.3
Peotone$3,312,389$8,080,37641
Savanna$3,348,855$8,214,70340.8
Charleston$27,257,828$67,357,79540.5
Justice$9,225,987$22,860,55340.4
Olney$7,264,275$18,062,05840.2
Worth$14,474,357$36,110,06940.1
LaSalle$19,559,377$49,378,83439.6
Carmi$3,519,198$9,022,36739
Kildeer$4,749,535$12,175,01739
Cicero$109,234,145$281,947,15538.7
Manhattan$4,074,056$10,541,53638.7
Olympia Fields$9,798,243$25,414,17038.6
Pontoon Beach$4,683,657$12,145,86038.6
Colona$2,399,361$6,298,66838.1
Mattoon$35,217,809$92,475,01938.1
Pana$3,245,795$8,550,24438
Winnebago$390,200$1,027,50338
Granite City$50,739,692$134,698,88137.7
Niles$65,282,975$174,927,72037.3
Fairfield$4,928,720$13,295,88437.1
Carterville$1,290,576$3,499,08236.9
Maywood$43,720,454$118,375,29836.9
Lakemoor$1,023,567$2,835,36336.1
Lincoln$19,065,939$52,806,09036.1
North Riverside$26,354,181$73,356,81935.9
Riverside$10,130,031$28,316,03235.8
Elmwood Park$30,643,631$88,326,33534.7
Moline$73,552,253$212,348,10534.6
Riverdale$19,030,288$56,113,68733.9
Orland Hills$3,024,368$9,126,23533.1
Sauk Village$5,877,285$17,978,59632.7
Rock Island$60,795,525$186,484,44932.6
Monticello$1,291,934$4,062,95531.8
Harvey$27,690,055$88,825,22731.2
Forest View$5,298,929$17,302,35130.6
Genoa$2,156,053$7,079,33230.5
Watseka$3,031,485$9,926,69930.5
Jerseyville$4,193,117$14,317,27029.3
Lyons$9,886,069$34,745,94028.5
Antioch$9,631,167$33,911,70628.4
Alton$46,176,779$163,555,53728.2
Fox River Grove$2,892,101$10,352,20727.9
North Chicago$25,656,187$95,477,81026.9
Summit$10,607,184$40,038,06526.5
Melrose Park$48,791,653$186,796,28826.1
Lynwood$3,147,376$12,150,01725.9
East Alton$5,107,707$20,279,63825.2
Stickney$5,229,879$20,945,03125
Blue Island$17,954,512$75,039,02023.9
Kankakee$34,746,847$145,455,46323.9
Venice$451,758$1,919,62523.5
Park City$2,091,748$9,088,48423
Burnham$1,924,454$8,855,01021.7
Danville$31,501,912$147,476,45921.4
Pinckneyville$864,854$4,319,85020
Willow Springs$2,484,650$12,989,63919.1
East St Louis$23,569,625$127,929,18718.4
Stone Park$4,079,071$22,607,25918
Madison$2,137,810$13,197,53516.2
Cairo$1,318,425$10,724,50912.3
Atwood$8,146$82,8629.8

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