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Sunday, February 23, 2020

Rankings: 6 best funded pensions in DeKalb County

Local Government

By Local Labs News Service | Feb 7, 2018

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Sycamore, Sandwich and Hinckley have government pension funds with the highest funding levels in DeKalb 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?

DeKalb County's healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Sycamore Police Pension Fund
Sycamore
DeKalb County
64.46
2
Sycamore Firefighters Pension Fund
Sycamore
DeKalb County
61.48
3
Sandwich Police Pension Fund
Sandwich
DeKalb County
49.60
4
HINCKLEY COMMUNITY FPD FIREFIGHTER'S PENSION FUND
Hinckley
DeKalb County
42.33
5
Dekalb Firefighters Pension Fund
DeKalb
DeKalb County
39.21
6
Genoa Police Pension Fund
Genoa
DeKalb County
30.23

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Organizations in this Story

Genoa Police Pension FundSandwich Police Pension FundSycamore Firefighters Pension FundSycamore Police Pension FundDekalb Firefighters Pension FundHinckley Community Fire Protection District Firefighter's Pension Fund

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