If the amount a pension fund is obligated to pay pensioners outpaces the funds it has on hand, the fund is in the precarious position of carrying unfunded liabilities.
The healthiest funds have a funding position at or above 100 percent. Any fund whose position is below 100 percent is unable to meet its pension obligations.
Where do your community's public pension funds rank?
Illinois Valley's healthiest pension funds
Rank
Fund
City
County
Funding Percent
1
COAL CITY FIREFIGHTER'S PENSION FUND
Coal City
Grundy County
87.49
2
Marseilles Police Pension Fund
Marseilles
LaSalle County
79.76
3
Princeton Police Pension Fund
Princeton
Bureau County
78.20
4
Minooka Police Pension Fund
Minooka
Grundy County
74.20
5
Princeton Firefighters Pension Fund
Princeton
Bureau County
70.51
6
Spring Valley Police Pension Fund
Spring Valley
Bureau County
69.55
7
Ottawa Police Pension Fund
Ottawa
LaSalle County
68.39
8
Mendota Firefighters Pension Fund
Mendota
LaSalle County
66.21
9
Peru Firefighters Pension Fund
Peru
LaSalle County
65.62
10
Morris Police Pension Fund
Morris
Grundy County
61.56
ORGANIZATIONS IN THIS STORY
Ottawa Police Pension Fund• Spring Valley Police Pension Fund• Mendota Firefighters Pension Fund• Coal City Firefighters' Pension Fund• Marseilles Police Pension Fund• Princeton Police Pension Fund• Morris Police Pension Fund• Peru Firefighters Pension Fund• Princeton Firefighters Pension Fund• Minooka Police Pension Fund
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