Analysis: These 7 Illinois Valley pension funds would go bankrupt fastest without subsidies
Pension funds record revenue from investment income and other revenue, in addition to being subsidized by municipal taxes and member contributions. Taking those subsidies out of the equation and assuming the funds annual expenses are the same, the following table shows how long it would take for a pension fund to run out of money.
Which Illinois Valley pension funds will go bankrupt first?
Organizations in this Story
Lasalle Police Pension Fund • Marseilles Police Pension Fund • Minooka Fire Department Firefighters Pension Fund • Minooka Police Pension Fund • Morris Police Pension Fund • Peru Police Pension Fund • Princeton Firefighters Pension Fund