Quantcast

Macon Reporter

Monday, December 23, 2024

Rankings: 3 best funded pensions in Greater Decatur

Shutterstock 267646277

Clinton and Mount Zion have government pension funds with the highest funding levels in Greater Decatur, 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?

Greater Decatur's healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Clinton Police Pension Fund
Clinton
De Witt County
98.36
2
Clinton Firefighters Pension Fund
Clinton
De Witt County
61.80
3
MT ZION POLICE PENSION FUND
Mount Zion
Macon County
46.72

MORE NEWS