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Quincy Reporter

Friday, November 22, 2024

Rankings: 2 best funded pensions in Quincy Reporter

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Quincy have government pension funds with the highest funding levels in Quincy Reporter, 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?

Quincy Reporter's healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Quincy Police Pension Fund
Quincy
Adams County
53.08
2
Quincy Firefighters Pension Fund
Quincy
Adams County
43.27

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