Pensions in zip code 60406 had an actuarial funding percentage of 23.9 in 2018, according to the Illinois Department of Insurance (IDOI).
The assets of those pensions equaled $18 million in 2018, while the liabilities equaled $75 million. The zip is located in Blue Island with 60 members and 62 beneficiaries.
The funding percentage of pensions in 60406 is lower than the average funding percentage for the state of Illinois.
Historically, 80 percent has been seen as a solid funding percentage, but this is not always the case. According to the American Academy of Actuaries, a funding percentage is a “point-in-time” measurement and not necessarily indicative of long-term health.
However, a 100 percent funding level is recommended by the Government Finance Officers Association.
Top Actuarial Funding Percentages of pensions by Zip Code for 2018
| Zip | Assets | Liability | Percentage |
|---|---|---|---|
| 61115 | $227,447 | $101,327 | 224.5 |
| 62901 | $1,426,910 | $897,049 | 159.1 |
| 60433 | $3,665,200 | $2,600,845 | 140.9 |
| 61530 | $731,481 | $609,208 | 120.1 |
| 61813 | $330,615 | $314,733 | 105.1 |
| 60175 | $2,202,457 | $2,122,963 | 103.7 |
| 61866 | $30,278,487 | $30,396,963 | 99.6 |
| 60544 | $56,677,581 | $57,399,096 | 98.7 |
| 60950 | $14,372,947 | $15,193,578 | 94.6 |
| 61607 | $4,101,607 | $4,584,522 | 89.5 |
| 60447 | $13,008,638 | $14,623,105 | 89 |
| 62221 | $5,842,748 | $6,616,062 | 88.3 |
| 60185 | $33,790,902 | $38,855,207 | 87 |
| 60543 | $46,689,520 | $53,769,544 | 86.8 |
| 61072 | $5,614,483 | $6,466,155 | 86.8 |
| 60448 | $36,891,364 | $42,832,973 | 86.1 |
| 60410 | $16,001,064 | $18,634,362 | 85.9 |
| 60404 | $16,302,883 | $19,200,954 | 84.9 |
| 60421 | $1,647,913 | $1,948,612 | 84.6 |
| 60428 | $9,715,903 | $11,493,116 | 84.5 |
| 60462 | $251,351,296 | $297,363,265 | 84.5 |
| 62549 | $3,080,508 | $3,700,712 | 83.2 |
| 60069 | $60,310,078 | $73,995,147 | 81.5 |
| 62269 | $31,451,561 | $39,125,003 | 80.4 |
| 61084 | $351,912 | $445,167 | 79.1 |
| 61727 | $7,750,783 | $9,808,455 | 79 |
| 62034 | $8,247,045 | $10,612,611 | 77.7 |
| 60046 | $18,770,432 | $24,221,983 | 77.5 |
| 61550 | $13,205,329 | $17,044,965 | 77.5 |
| 60156 | $56,885,681 | $74,361,990 | 76.5 |
| 60136 | $6,912,331 | $9,044,357 | 76.4 |
| 60464 | $21,639,393 | $28,310,329 | 76.4 |
| 60020 | $16,757,378 | $21,966,649 | 76.3 |
| 60087 | $1,778,200 | $2,333,035 | 76.2 |
| 62223 | $701,363 | $922,259 | 76.1 |
| 60015 | $87,890,586 | $115,974,440 | 75.8 |
| 61010 | $11,383,595 | $15,021,501 | 75.8 |
| 61341 | $4,213,740 | $5,559,423 | 75.8 |
| 60566 | $178,154,094 | $236,131,397 | 75.5 |
| 61801 | $87,591,070 | $116,516,846 | 75.2 |
| 61820 | $195,904,097 | $260,788,814 | 75.1 |
| 62226 | $14,387,717 | $19,184,442 | 75 |
| 62258 | $5,767,680 | $7,729,760 | 74.6 |
| 60417 | $8,293,325 | $11,172,042 | 74.2 |
| 60005 | $243,602,256 | $329,839,965 | 73.9 |
| 60491 | $4,142,135 | $5,613,736 | 73.8 |
| 60142 | $37,732,158 | $51,332,989 | 73.5 |
| 60073 | $56,068,452 | $76,577,698 | 73.2 |
| 60041 | $1,804,317 | $2,467,371 | 73.1 |
| 60187 | $34,116,656 | $46,684,565 | 73.1 |
| 62233 | $3,475,390 | $4,767,174 | 72.9 |
| 60026 | $80,410,539 | $110,435,621 | 72.8 |
| 60061 | $76,499,843 | $105,026,301 | 72.8 |
| 60540 | $179,586,542 | $247,142,187 | 72.7 |
| 60477 | $71,282,678 | $98,169,134 | 72.6 |
| 60096 | $4,116,594 | $5,678,253 | 72.5 |
| 60446 | $51,781,286 | $71,584,136 | 72.3 |
| 60040 | $7,428,590 | $10,370,094 | 71.6 |
| 60103 | $61,320,711 | $85,713,919 | 71.5 |
| 60403 | $19,468,513 | $27,307,283 | 71.3 |
| 60164 | $39,186,292 | $55,067,196 | 71.2 |
| 60423 | $33,426,360 | $46,946,838 | 71.2 |
| 62234 | $50,675,811 | $71,142,490 | 71.2 |
| 62294 | $8,656,946 | $12,161,158 | 71.2 |
| 60031 | $85,109,554 | $119,720,599 | 71.1 |
| 60555 | $25,496,453 | $35,937,793 | 71 |
| 60070 | $22,090,341 | $31,288,346 | 70.6 |
| 60914 | $17,735,403 | $25,131,285 | 70.6 |
| 60542 | $27,443,730 | $39,091,065 | 70.2 |
| 61853 | $1,725,954 | $2,459,408 | 70.2 |
| 60805 | $52,422,124 | $75,023,446 | 69.9 |
| 60451 | $26,979,201 | $38,658,707 | 69.8 |
| 60439 | $48,936,847 | $70,219,832 | 69.7 |
| 62208 | $32,527,982 | $46,648,318 | 69.7 |
| 62521 | $684,422 | $984,572 | 69.5 |
| 61354 | $2,489,211 | $3,592,044 | 69.3 |
| 62236 | $6,642,150 | $9,588,476 | 69.3 |
| 60473 | $42,072,248 | $60,842,240 | 69.2 |
| 60457 | $25,767,684 | $37,268,637 | 69.1 |
| 61264 | $9,758,236 | $14,153,634 | 69 |
| 60107 | $91,436,157 | $132,855,958 | 68.8 |
| 60102 | $28,857,245 | $42,079,523 | 68.6 |
| 60545 | $6,320,441 | $9,238,920 | 68.4 |
| 61356 | $16,633,756 | $24,371,744 | 68.3 |
| 62401 | $26,968,311 | $39,684,798 | 68 |
| 60119 | $10,486,338 | $15,473,159 | 67.8 |
| 60188 | $90,602,928 | $134,265,774 | 67.5 |
| 60030 | $36,177,110 | $53,708,438 | 67.4 |
| 62439 | $4,390,766 | $6,514,480 | 67.4 |
| 60093 | $78,697,164 | $116,851,371 | 67.3 |
| 60148 | $133,474,306 | $198,336,017 | 67.3 |
| 62249 | $11,500,127 | $17,225,673 | 66.8 |
| 62960 | $12,421,853 | $18,641,978 | 66.6 |
| 60089 | $154,661,632 | $232,068,438 | 66.6 |
| 62062 | $4,546,568 | $6,833,267 | 66.5 |
| 60527 | $40,200,000 | $60,528,722 | 66.4 |
| 60521 | $49,255,225 | $74,445,764 | 66.2 |
| 60481 | $6,231,400 | $9,434,612 | 66.1 |
| 62454 | $9,797,033 | $14,817,409 | 66.1 |
| 62959 | $26,320,371 | $39,930,853 | 65.9 |
