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 unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Coal City Police Pension Fund
Coal City
Grundy County
25.90
2
Lasalle Police Pension Fund
LaSalle
LaSalle County
35.43
3
Streator Firefighters Pension Fund
Streator
LaSalle County
39.57
4
Oglesby Police Pension Fund
LaSalle
LaSalle County
44.51
5
Ottawa Firefighters Pension Fund
Ottawa
LaSalle County
45.89
6
Peru Police Pension Fund
LaSalle
LaSalle County
46.42
7
Streator Police Pension Fund
Streator
LaSalle County
50.98
8
Lasalle Firefighters Pension Fund
LaSalle
LaSalle County
53.63
9
Mendota Police Pension Fund
Mendota
LaSalle County
56.33
10
Morris Police Pension Fund
Morris
Grundy County
61.56
ORGANIZATIONS IN THIS STORY
Coal City Police Pension Fund• Oglesby Police Pension Fund• Streator Police Pension Fund• Peru Police Pension Fund• Mendota Police Pension Fund• Lasalle Police Pension Fund• Morris Police Pension Fund• Ottawa Firefighters Pension Fund• Lasalle Firefighters Pension Fund• Streator Firefighters Pension Fund
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