Rankings: 10 best funded pensions in Will County
Channahon, Plainfield and New Lenox have government pension funds with the highest funding levels in Will County, 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?
Will County's healthiest pension funds
Rank
Fund
City
County
Funding Percent
1
CHANNAHON FIRE PROTECTION DISTRICT FIREFIGHTERS PE
Channahon
Will County
156.60
2
PLAINFIELD FPD FIREFIGHTERS PENSION FUND
Plainfield
Will County
131.23
3
NEW LENOX FPD FIREFIGHTERS PENSION FUND
New Lenox
Will County
111.74
4
Romeoville Firefighters Pension Fund
Romeoville
Will County
93.90
5
Shorewood Police Pension Fund
Shorewood
Will County
91.37
6
Mokena Police Pension Fund
Mokena
Will County
85.28
7
Plainfield Police Pension Fund
Plainfield
Will County
83.67
8
Elwood Fire Protection District
Elwood
Will County
78.86
9
Crete Police Pension Fund
Crete
Will County
72.67
10
NORTHWEST HOMER FPD FIREFIGHTERS PENSION FUND
Lockport
Will County
71.16
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