Analysis: These 10 East Central Illinois pension funds would go bankrupt fastest without subsidies
Pension funds record revenue from investment income and other revenue, in addition to being subsidized by municipal taxes and member contributions. Taking those subsidies out of the equation and assuming the funds annual expenses are the same, the following table shows how long it would take for a pension fund to run out of money.
Which East Central Illinois pension funds will go bankrupt first?
Organizations in this Story
Charleston Firefighters Pension Fund • Charleston Police Pension Fund • Effingham Firefighters Pension Fund • Effingham Police Pension Fund • Lawrenceville Police Pension Fund • Mattoon Police Pension Fund • Olney Firefighters Pension Fund • Robinson Fire Department Firefighters Pension Fund • Robinson Police Pension Fund • Shelbyville Police Pension Fund