Rankings: 10 worst funded pensions in Lake County
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
Organizations in this Story
Antioch Police Pension Fund • Highland Park Police Pension Fund • Kildeer Police Pension Fund • Lake Villa Fire Protection District Firefighter's Pension Fund • Lake Villa Police Pension Fund • Lakemoor Police Pension Fund • North Chicago Firefighters Pension Fund • North Chicago Police Pension Fund • Park City Police Pension Fund • Round Lake Park Police Pension Fund