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?
Northwest Illinois' unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Savanna Police Pension Fund
Savanna
Carroll County
42.45
2
Savanna Firefighters Pension Fund
Savanna
Carroll County
49.20
3
Dixon Firefighters Pension Fund
Dixon
Lee County
50.25
4
Freeport Police Pension Fund
Freeport
Stephenson County
52.78
5
DIXON COMMUNITY FPD FIREFIGHTER PENSION FUND
Dixon
Lee County
53.70
6
Rock Falls Police Pension Fund
Rock Falls
Whiteside County
54.37
7
Sterling Firefighters Pension Fund
Sterling
Whiteside County
54.50
8
Sterling Police Pension Fund
Sterling
Whiteside County
59.68
9
Dixon Police Pension Fund
Dixon
Lee County
66.39
10
Rochelle Firefighters Pension Fund
Rochelle
Ogle County
66.50
ORGANIZATIONS IN THIS STORY
Freeport Police Pension Fund• Savanna Firefighters Pension Fund• Rochelle Firefighters Pension Fund• Savanna Police Pension Fund• Sterling Police Pension Fund• Rock Falls Police Pension Fund• Dixon Community Fire Protection District Firefighter Pension Fund• Sterling Firefighters Pension Fund• Dixon Police Pension Fund• Dixon Firefighters Pension Fund
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