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Friday, November 22, 2024

Rankings: 6 best funded pensions in Southern Illinois

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Metropolis, Anna and Cairo have government pension funds with the highest funding levels in Southern Illinois, 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?

Southern Illinois' healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Metropolis Police Pension Fund
Metropolis
Massac County
63.94
2
Metropolis Firefighters Pension Fund
Metropolis
Massac County
57.33
3
Anna Police Pension Fund
Anna
Union County
45.37
4
Anna Firefighters Pension Fund
Anna
Union County
45.31
5
Cairo Police Pension Fund
Cairo
Alexander County
22.17
6
Cairo Firefighters Pension Fund
Cairo
Alexander County
10.55

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