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East Central Reporter

Tuesday, November 5, 2024

Rankings: 10 best funded pensions in East Central Illinois

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Lawrenceville, Effingham and Robinson have government pension funds with the highest funding levels in East Central 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?

East Central Illinois' healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Lawrenceville Police Pension Fund
Lawrenceville
Lawrence County
74.99
2
Effingham Police Pension Fund
Effingham
Effingham County
73.49
3
Robinson Police Pension Fund
Robinson
Crawford County
72.22
4
Paris Police Pension Fund
Paris
Edgar County
69.34
5
Flora Police Pension Fund
Flora
Clay County
65.77
6
Effingham Firefighters Pension Fund
Effingham
Effingham County
64.21
7
Olney Firefighters Pension Fund
Olney
Richland County
56.33
8
Paris Firefighters Pension Fund
Paris
Edgar County
53.47
9
Shelbyville Police Pension Fund
Shelbyville
Shelby County
49.76
10
Mattoon Police Pension Fund
Mattoon
Coles County
45.82

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