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 Peoria's unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Pekin Firefighters Pension Fund
Pekin
Tazewell County
39.11
2
Peoria Heights Police Pension Fund
Peoria Heights
Peoria County
40.71
3
Canton Firefighters Pension Fund
Canton
Fulton County
42.53
4
Creve Coeur Police Pension Fund
Creve Coeur
Tazewell County
52.77
5
Peoria Firefighters Pension Fund
Peoria
Peoria County
54.52
6
Peoria Police Pension Fund
Peoria
Peoria County
56.50
7
East Peoria Firefighters Pension Fund
East Peoria
Tazewell County
57.50
8
Washington Police Pension Fund
Washington
Tazewell County
60.51
9
Pekin Police Pension Fund
Pekin
Tazewell County
61.05
10
East Peoria Police Pension Fund
East Peoria
Tazewell County
62.74
ORGANIZATIONS IN THIS STORY
Peoria Firefighters Pension Fund• East Peoria Firefighters Pension Fund• Peoria Heights Police Pension Fund• Washington Police Pension Fund• Pekin Police Pension Fund• East Peoria Police Pension Fund• Pekin Firefighters Pension Fund• Creve Coeur Police Pension Fund• Canton Firefighters Pension Fund• Peoria Police Pension Fund
!RECEIVE ALERTS
The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
DONATE
Help support the Metric Media Foundation's mission to restore community based news.
Alerts Sign-up