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' unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Olney Police Pension Fund
Olney
Richland County
39.27
2
Mattoon Firefighters Pension Fund
Mattoon
Coles County
41.33
3
Charleston Firefighters Pension Fund
Charleston
Coles County
45.48
4
Charleston Police Pension Fund
Charleston
Coles County
45.64
5
Mattoon Police Pension Fund
Mattoon
Coles County
45.82
6
Shelbyville Police Pension Fund
Shelbyville
Shelby County
49.76
7
Paris Firefighters Pension Fund
Paris
Edgar County
53.47
8
Olney Firefighters Pension Fund
Olney
Richland County
56.33
9
Effingham Firefighters Pension Fund
Effingham
Effingham County
64.21
10
Flora Police Pension Fund
Flora
Clay County
65.77
ORGANIZATIONS IN THIS STORY
Charleston Police Pension Fund• Shelbyville Police Pension Fund• Mattoon Police Pension Fund• Charleston Firefighters Pension Fund• Olney Firefighters Pension Fund• Paris Firefighters Pension Fund• Olney Police Pension Fund• Effingham Firefighters Pension Fund• Mattoon Firefighters Pension Fund• Flora Police Pension Fund
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