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South Central Reporter

Sunday, April 28, 2024

Rankings: 10 best funded pensions in South Central Illinois

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Litchfield, Greenville and Centralia have government pension funds with the highest funding levels in South Central Illinois, 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?

South Central Illinois' healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Litchfield Firefighters Pension Fund
Litchfield
Montgomery County
68.30
2
Greenville Police Pension Fund
Greenville
Bond County
66.42
3
Centralia Firefighters Pension Fund
Centralia
Marion County
65.64
4
Taylorville Firefighters Pension Fund
Taylorville
Christian County
64.57
5
Taylorville Police Pension Fund
Taylorville
Christian County
63.74
6
Vandalia Police Pension Fund
Vandalia
Fayette County
59.91
7
Carlinville Police Pension Fund
Carlinville
Macoupin County
56.24
8
Hillsboro Police Pension Fund
Hillsboro
Montgomery County
53.66
9
Litchfield Police Pension Fund
Litchfield
Montgomery County
51.90
10
Centralia Police Pension Fund
Centralia
Marion County
50.16

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