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?
South Suburbs' healthiest pension funds
Rank
Fund
City
County
Funding Percent
1
Markham Firefighters Pension Fund
Markham
Cook County
86.23
2
Posen Police Pension Fund
Posen
Cook County
77.28
3
Orland Park Police Pension Fund
Orland Park
Cook County
76.71
4
Evergreen Park Police Pension Fund
Evergreen Park
Cook County
75.75
5
Tinley Park Police Pension Fund
Tinley Park
Cook County
75.24
6
Burbank Firefighters Pension Fund
Burbank
Cook County
74.31
7
Oak Forest Firefighters Pension Fund
Oak Forest
Cook County
73.84
8
Midlothian Police Pension Fund
Midlothian
Cook County
73.82
9
LEMONT FPD FIREFIGHTERS PENSION FUND
Lemont
Cook County
72.71
10
Worth Firefighters Pension Fund
Worth
Cook County
72.53
ORGANIZATIONS IN THIS STORY
Markham Firefighters Pension Fund• Evergreen Park Police Pension Fund• Oak Forest Firefighters Pension Fund• Posen Police Pension Fund• Midlothian Police Pension Fund• Orland Park Police Pension Fund• Burbank Firefighters Pension Fund• Worth Firefighters Pension Fund• Lemont Fire Protection District Firefighters Pension Fund• Tinley Park Police Pension Fund
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