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?
North Suburbs' unhealthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Glencoe Firefighters Pension Fund
Glencoe
Cook County
0.57
2
Niles Police Pension Fund
Niles
Cook County
39.31
3
Niles Firefighters Pension Fund
Niles
Cook County
41.77
4
Rolling Meadows Firefighters Pension Fund
Rolling Meadows
Cook County
44.75
5
Lincolnwood Police Pension Fund
Chicago
Cook County
46.72
6
Des Plaines Police Pension Fund
Des Plaines
Cook County
48.11
7
Evanston Firefighters Pension Fund
Evanston
Cook County
48.35
8
Elgin Police Pension Fund
Elgin
Kane County
49.24
9
Skokie Firefighters Pension Fund
Skokie
Cook County
49.64
10
NORWOOD PARK FPD FIREFIGHTERS PENSION FUND
Harwood Heights
Cook County
50.41
ORGANIZATIONS IN THIS STORY
Norwood Park Fire Protection District Firefighters Pension Fund• Des Plaines Police Pension Fund• Rolling Meadows Firefighters Pension Fund• Glencoe Firefighters Pension Fund• Niles Firefighters Pension Fund• Skokie Firefighters Pension Fund• Elgin Police Pension Fund• Lincolnwood Police Pension Fund• Evanston Firefighters Pension Fund• Niles Police Pension Fund
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