Treasurer’s Office
I am happy to report that the City of Hickory Hills Police Pension Fund no longer has unfunded liability and is second best on the list of Police Pension Funds in the Chicagoland area. This is the result of the City issuing taxable bonds in 2022 and investing those proceeds in higher interest rate obligations. When those bonds were issued, the actual contribution rate for the City was set for many years. Because of this outstanding performance, the City of Hickory Hills will be saving more money than what was expected and place a lesser burden upon taxpayers.
Treasurer: Alan T. Vodicka
