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Kendall County Times

Saturday, November 23, 2024

Rankings: 3 best funded pensions in Kendall County

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Oswego, Plano and Yorkville have government pension funds with the highest funding levels in Kendall 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?

Kendall County's healthiest pension funds

Rank
Fund
City
County
Funding Percent
1
Oswego Police Pension Fund
Oswego
Kendall County
80.80
2
Plano Police Pension Fund
Plano
Kendall County
72.03
3
Yorkville Police Pension Fund
Yorkville
Kendall County
43.33

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