1. States
  2. /Illinois
  3. /Montgomery County
  4. /Hillsboro
MyTownView — local government intelligence platformMyTownView

Civic intelligence for your community. Every meeting. Every permit. Every decision.

Platform

Villa ParkBlogRequest Your Town

Company

AboutContactCoverage Map

Follow Us

FacebookInstagramRedditX / Twitter

Legal

Privacy PolicyTerms & Conditions

© 2026 JCAR Development. All rights reserved.  · Buy the devs a beer

MyTownView
MyTownViewMyTownView
Browse TownsBlogAboutContactRequest a Town
Buy the devs a beer
Sign InSign Up

Showing latest fiscal year with year-over-year changes. Full pension history available with a paid plan. View plans →

Pension Funds — FY 2024i

Source

Combined Funded Ratioi

79.8%

Total Unfundedi

$846K

Annual Employer Costi

$216K

8 active / 5 retired across all fundsi

Funded Ratio Trendi

Employer Contributions Over Timei

IMRF — General Employeesi

IMRF covers non-public-safety employees (2026 rates). System-wide funded ratio: 95.8%(Well-Funded)

Employer Ratei

4.97%

Employer Rate Breakdowni

Retirement Normal Costi4.2%
Death Benefiti0.1%
Disabilityi0.0%
Supplemental Benefiti0.6%
Total Employer Ratei5.0%
Member (Employee) Ratei4.5%

Amortization period: 17 years remainingi

Police Pension

HILLSBORO POLICE PENSION FUND

Funded Ratioi

79.8%

Financial Position

Assets (Market)i$3.0M
Accrued Liabilityi$4.2M
Unfunded Liabilityi$846K

Annual Cash Flow

Employer Contributioni$216K
Employee Contributioni$43K
Investment Incomei$209K
Benefits Paidi$146K

Contribution Adequacy

Required: $106KActual: $216K+$110K

Investments

1-Year Returni+7.3%

Membershipi

8 active5 retired