Hillsboro Police Pension Fund

hopper@hillsboropd.net
447 S Main Street, Hillsboro, IL 62049
Municipal Government
Public Pension Funds
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Related Posts:

Ann Gillespie, Director of the Illinois Department of Insurance
Hillsboro had 95th lowest total local pension debt per household in Illinois at $1,850 in FY 2024

April 11, 2026

Hillsboro ranked 95th lowest in Illinois for the largest per-household police and fire pension debt, which stood at $1,850 in fiscal year 2024, according to the Illinois Department of Insurance.

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Ann Gillespie, Director of the Illinois Department of Insurance
Hillsboro Police Pension Fund ranked 473rd for underfunding among Illinois police and fire pensions in 2024

March 27, 2026

The Hillsboro Police Pension Fund faced $846,439 in unfunded liabilities in 2024, leaving it 20.2% below the assets required to meet future retirement obligations.

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