Quantcast

Kane County Reporter

Monday, December 23, 2024

Rankings: 10 best funded pensions in Kane County

Shutterstock 262120544

St. Charles, Montgomery and Elburn have government pension funds with the highest funding levels in Kane 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?

Kane County's healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Campton Hills Police Pension Fund
St. Charles
Kane County
84.54
2
MONTGOMERY & COUNTRYSIDE FPD FIREFIGHTER'S PENSION
Montgomery
Kane County
80.94
3
ELBURN/COUNTRYSIDE FPD FIREFIGHTERS PENSION FUND
Elburn
Kane County
79.49
4
SUGAR GROVE FPD FIREFIGHTER'S PENSION FUND
Sugar Grove
Kane County
76.84
5
Geneva Firefighters Pension Fund
Geneva
Kane County
75.65
6
HAMPSHIRE FPD FIREFIGHTERS PENSION FUND
Hampshire
Kane County
72.44
7
Carpentersville Firefighters Pension Fund
Carpentersville
Kane County
71.96
8
Batavia Firefighters Pension Fund
Batavia
Kane County
70.98
9
West Dundee Firefighters Pension Fund
West Dundee
Kane County
69.37
10
SOUTH ELGIN/COUNTRYSIDE FPD FIREFIGHTERS PENSION F
South Elgin
Kane County
66.80

MORE NEWS