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?
Metro Springfield's unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
General Assembly Retirement System
Springfield
Sangamon County
13.99
2
Lincoln Firefighters Pension Fund
Lincoln
Logan County
32.27
3
JUDGES' RETIREMENT SYSTEM OF ILLINOIS
Springfield
Sangamon County
34.20
4
STATE EMPLOYEES' RETIREMENT SYSTEM OF ILLINOIS
Springfield
Sangamon County
34.35
5
TEACHERS RETIREMENT SYSTEM OF ILLINOIS
Springfield
Sangamon County
39.81
6
Lincoln Police Pension Fund
Lincoln
Logan County
43.90
7
Springfield Police Pension Fund
Springfield
Sangamon County
54.07
8
Chatham Police Pension Fund
Chatham
Sangamon County
65.43
9
CHATHAM FPD FIREFIGHTER'S PENSION FUND
Chatham
Sangamon County
66.35
10
LINCOLN RURAL FPD FIREFIGHTERS PENSION FUND
Lincoln
Logan County
89.31
ORGANIZATIONS IN THIS STORY
Chatham Fire Protection District Firefighters Pension Fund• Lincoln Rural Fire Protection District Firefighters Pension Fund• Teachers' Retirement System of the State of Illinois• Illinois General Assembly Retirement System• Lincoln Firefighters Pension Fund• Chatham Police Pension Fund• Illinois State Employees Retirement System• Judges' Retirement System of Illionis• Springfield Police Pension Fund• Lincoln Police Pension Fund
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