Lake Villa, Park City and Round Lake Park have government pension funds with the lowest funding levels in Lake County, according to the Illinois Department of Insurance.
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 unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Lake Villa FPD Firefighter's Pension Fund
Lake Villa
Lake County
0.00
2
Park City Police Pension Fund
Park City
Lake County
21.25
3
Round Lake Park Police Pension Fund
Round Lake Park
Lake County
21.62
4
Lakemoor Police Pension Fund
Lakemoor
Lake County
32.38
5
Antioch Police Pension Fund
Antioch
Lake County
33.22
6
North Chicago Police Pension Fund
North Chicago
Lake County
33.79
7
North Chicago Firefighters Pension Fund
North Chicago
Lake County
35.31
8
Kildeer Police Pension Fund
Kildeer
Lake County
39.90
9
Lake Villa Police Pension Fund
Lake Villa
Lake County
41.85
10
Highland Park Police Pension Fund
Highland Park
Lake County
48.28
ORGANIZATIONS IN THIS STORY
North Chicago Police Pension Fund• Lake Villa Police Pension Fund• Round Lake Park Police Pension Fund• Park City Police Pension Fund• Highland Park Police Pension Fund• Antioch Police Pension Fund• Lakemoor Police Pension Fund• Lake Villa Fire Protection District Firefighter's Pension Fund• North Chicago Firefighters Pension Fund• Kildeer Police Pension Fund
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