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?
Lake County's healthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Long Grove Firefighters Pension Fund
Long Grove
Lake County
91.45
2
Lincolnshire Police Pension Fund
Lincolnshire
Lake County
89.59
3
Highwood Firefighters Pension Fund
Highwood
Lake County
85.80
4
Lindenhurst Police Pension Fund
Lindenhurst
Lake County
85.31
5
Grayslake Police Pension Fund
Grayslake
Lake County
82.21
6
Vernon Hills Police Pension Fund
Vernon Hills
Lake County
82.11
7
GREATER ROUND LAKE FPD FIREFIGHTERS PENSION FUND
Round Lake
Lake County
81.38
8
Fox Lake Police Pension Fund
Fox Lake
Lake County
79.60
9
Deerfield Police Pension Fund
Deerfield
Lake County
79.25
10
Winthrop Harbor Police Pension Fund
Winthrop Harbor
Lake County
77.18
ORGANIZATIONS IN THIS STORY
Fox Lake Police Pension Fund• Vernon Hills Police Pension Fund• Lincolnshire Police Pension Fund• Grayslake Police Pension Fund• Highwood Firefighters Pension Fund• Long Grove Firefighters Pension Fund• Lindenhurst Police Pension Fund• Greater Round Lake Fire Protection District Firefighters Pension Fund• Winthrop Harbor Police Pension Fund• Deerfield Police Pension Fund
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