Will County Gazette

Actuarial funding percentage for the police and firefighter pensions in Manhattan in 2018 was 38.7 percent, according to the Illinois Department of Insurance (IDOI).

The pensions combined assets equal $4.1 million in 2018, while the liabilities equaled $10.5 million. The pensions have 23 members and eight beneficiaries.

The funding percentage of pensions in Manhattan is lower than the average funding percentage for the state of Illinois.

According to the American Academy of Actuaries, a funding percentage is a “point-in-time” measurement and not necessarily indicative of long-term health.

However, a 100 percent funding level is recommended by the Government Finance Officers Association.

City	Assets	Liability	Percentage
Machesney Park	$227,447	$101,327	224.5
Eureka	$731,481	$609,208	120.1
Bement	$330,615	$314,733	105.1
Campton Hills	$2,202,457	$2,122,963	103.7
Rantoul	$30,278,487	$30,396,963	99.6
Plainfield	$56,677,581	$57,399,096	98.7
Manteno	$14,372,947	$15,193,578	94.6
Long Grove	$10,956,190	$12,176,618	90
Bartonville	$4,101,607	$4,584,522	89.5
Minooka	$13,008,638	$14,623,105	89
Shiloh	$5,842,748	$6,616,062	88.3
Oswego	$46,689,520	$53,769,544	86.8
Rockton	$5,614,483	$6,466,155	86.8
Mokena	$36,891,364	$42,832,973	86.1
Channahon	$16,001,064	$18,634,362	85.9
Shorewood	$16,302,883	$19,200,954	84.9
Elwood	$1,647,913	$1,948,612	84.6
Orland Park	$251,351,296	$297,363,265	84.5
Mt Zion	$3,080,508	$3,700,712	83.2
Lincolnshire	$60,310,078	$73,995,147	81.5
Inverness	$14,155,058	$17,388,276	81.4
O'Fallon	$31,451,561	$39,125,003	80.4
Round Lake Park	$5,964,304	$7,467,521	79.9
Stillman Valley	$351,912	$445,167	79.1
Clinton	$7,750,783	$9,808,455	79
Lindenhurst	$8,651,547	$11,019,642	78.5
Glen Carbon	$8,247,045	$10,612,611	77.7
Morton	$13,205,329	$17,044,965	77.5
Lake Villa	$10,118,885	$13,202,341	76.6
Lake in the Hills	$56,885,681	$74,361,990	76.5
Gilberts	$6,912,331	$9,044,357	76.4
Palos Park	$21,639,393	$28,310,329	76.4
Fox Lake	$16,757,378	$21,966,649	76.3
Beach Park	$1,778,200	$2,333,035	76.2
Byron	$11,383,595	$15,021,501	75.8
Deerfield	$87,890,586	$115,974,440	75.8
Marseilles	$4,213,740	$5,559,423	75.8
Swansea	$13,637,518	$18,022,822	75.7
Round Lake	$27,568,707	$36,574,635	75.4
Urbana	$87,591,070	$116,516,846	75.2
Champaign	$195,904,097	$260,788,814	75.1
Mascoutah	$5,767,680	$7,729,760	74.6
Crete	$8,293,325	$11,172,042	74.2
Markham	$29,948,846	$40,458,913	74
Naperville	$357,740,636	$483,273,584	74
Arlington Heights	$243,602,256	$329,839,965	73.9
Huntley	$37,732,158	$51,332,989	73.5
Ingleside	$1,804,317	$2,467,371	73.1
Chester	$3,475,390	$4,767,174	72.9
Vernon Hills	$76,499,843	$105,026,301	72.8
Tinley Park	$71,282,678	$98,169,134	72.6
Winthrop Harbor	$4,116,594	$5,678,253	72.5
Romeoville	$51,781,286	$71,584,136	72.3
Highwood	$7,428,590	$10,370,094	71.6
Bartlett	$61,320,711	$85,713,919	71.5
Crest Hill	$19,468,513	$27,307,283	71.3
Collinsville	$50,675,811	$71,142,490	71.2
Frankfort	$33,426,360	$46,946,838	71.2
Northlake	$39,186,292	$55,067,196	71.2
Troy	$8,656,946	$12,161,158	71.2
Gurnee	$85,109,554	$119,720,599	71.1
Warrenville	$25,496,453	$35,937,793	71
Bourbonnais	$17,735,403	$25,131,285	70.6
Prospect Heights	$22,090,341	$31,288,346	70.6
West Chicago	$65,160,730	$92,665,828	70.3
Buffalo Grove	$130,069,334	$185,359,472	70.2
Mahomet	$1,725,954	$2,459,408	70.2
North Aurora	$27,443,730	$39,091,065	70.2
Evergreen Park	$52,422,124	$75,023,446	69.9
New Lenox	$26,979,201	$38,658,707	69.8
Fairview Heights	$32,527,982	$46,648,318	69.7
Lemont	$48,936,847	$70,219,832	69.7
Columbia	$6,642,150	$9,588,476	69.3
Peru	$2,489,211	$3,592,044	69.3
Round Lake Beach	$22,535,441	$32,535,542	69.3
South Holland	$42,072,248	$60,842,240	69.2
Hickory Hills	$25,767,684	$37,268,637	69.1
Milan	$9,758,236	$14,153,634	69
Winnetka	$59,871,498	$86,741,554	69
Streamwood	$91,436,157	$132,855,958	68.8
Algonquin	$28,857,245	$42,079,523	68.6
Plano	$6,320,441	$9,238,920	68.4
Princeton	$16,633,756	$24,371,744	68.3
Effingham	$26,968,311	$39,684,798	68
Elburn	$10,486,338	$15,473,159	67.8
Glenview	$165,183,851	$243,890,793	67.7
Carol Stream	$90,602,928	$134,265,774	67.5
Willowbrook	$22,112,370	$32,742,752	67.5
Grayslake	$36,177,110	$53,708,438	67.4
Lawrenceville	$4,390,766	$6,514,480	67.4
Lombard	$133,474,306	$198,336,017	67.3
Highland	$11,500,127	$17,225,673	66.8
Metropolis	$12,421,853	$18,641,978	66.6
Crestwood	$1,089,048	$1,638,639	66.5
Maryville	$4,546,568	$6,833,267	66.5
Hinsdale	$49,255,225	$74,445,764	66.2
Robinson	$9,797,033	$14,817,409	66.1
Wilmington	$6,231,400	$9,434,612	66.1
Marion	$26,320,371	$39,930,853	65.9
Creve Coeur	$2,187,629	$3,330,644	65.7
Spring Valley	$4,701,907	$7,153,624	65.7
Godfrey	$7,837,284	$11,946,356	65.6
Lockport	$89,117,632	$135,780,110	65.6
South Barrington	$10,853,813	$16,632,274	65.3
Countryside	$21,231,694	$32,581,316	65.2
Posen	$5,122,660	$7,855,610	65.2
Burr Ridge	$18,087,630	$27,785,970	65.1
Harvard	$11,095,718	$17,058,813	65
Burbank	$68,889,772	$106,489,011	64.7
Chatham	$11,027,145	$17,074,262	64.6
Glen Ellyn	$31,426,497	$48,640,593	64.6
Park Ridge	$95,209,862	$147,637,529	64.5
Wheaton	$91,548,359	$143,090,941	64
Edwardsville	$38,048,399	$59,635,613	63.8
Paris	$13,784,171	$21,651,107	63.7
Woodstock	$32,218,630	$50,559,803	63.7
Greenville	$4,826,285	$7,608,082	63.4
Benton	$7,145,157	$11,314,245	63.2
South Elgin	$31,753,645	$50,211,226	63.2
Burlington	$483,662	$768,759	62.9
Glendale Heights	$53,231,217	$84,676,714	62.9
Oak Forest	$52,047,194	$82,894,626	62.8
Bradley	$19,120,519	$30,513,685	62.7
Waterloo	$6,300,480	$10,063,906	62.6
Northfield	$18,825,666	$30,109,817	62.5
Mt Vernon	$37,807,895	$60,579,723	62.4
Elmhurst	$107,331,267	$172,977,972	62.1
Taylorville	$14,034,031	$22,583,294	62.1
Barrington	$39,022,656	$62,992,360	62
Glencoe	$35,280,645	$56,960,982	61.9
Litchfield	$11,519,311	$18,619,597	61.9
Dolton	$39,784,888	$64,495,462	61.7
Cary	$16,798,657	$27,298,514	61.5
Crystal Lake	$75,488,898	$122,806,543	61.5
Darien	$86,336,467	$140,288,955	61.5
Beecher	$8,277,017	$13,492,422	61.4
Rochelle	$20,940,542	$34,218,775	61.2
Morris	$15,406,101	$25,211,433	61.1
McHenry	$30,057,733	$49,273,162	61
Wilmette	$95,381,165	$156,294,104	61
Mendota	$9,451,988	$15,557,872	60.8
Carpentersville	$68,070,328	$112,152,336	60.7
Schaumburg	$230,928,252	$380,833,028	60.6
Braidwood	$4,173,508	$6,904,194	60.5
St Charles	$75,128,990	$124,141,388	60.5
Hampshire	$4,698,237	$7,778,561	60.4
Montgomery	$10,682,400	$17,682,082	60.4
Elk Grove Village	$160,538,402	$266,116,494	60.3
Belvidere	$37,603,075	$62,430,275	60.2
Westchester	$51,002,696	$84,659,341	60.2
Geneva	$37,729,397	$62,756,838	60.1
Flora	$5,918,975	$9,861,183	60
Mount Prospect	$135,596,194	$226,339,720	59.9
Sycamore	$28,769,056	$48,087,645	59.8
Libertyville	$62,230,440	$104,186,367	59.7
Lake Forest	$68,153,728	$114,533,548	59.5
Winfield	$15,166,355	$25,478,395	59.5
Clarendon Hills	$11,591,746	$19,663,393	59
Wheeling	$94,529,439	$160,207,628	59
Freeport	$59,009,374	$100,167,360	58.9
Eldorado	$1,823,575	$3,105,554	58.7
South Beloit	$5,918,150	$10,088,989	58.7
Barrington Hills	$11,153,496	$19,090,152	58.4
Bethalto	$7,298,900	$12,537,041	58.2
Flossmoor	$17,501,001	$30,050,530	58.2
Spring Grove	$3,077,327	$5,286,121	58.2
Hodgkins	$15,733,577	$27,088,777	58.1
Roselle	$34,110,480	$58,761,652	58.1
Palos Hills	$35,792,957	$61,692,007	58
Pontiac	$14,631,784	$25,214,192	58
Cahokia	$15,425,256	$26,629,951	57.9
Mundelein	$48,825,945	$84,285,406	57.9
Addison	$96,844,893	$167,696,391	57.8
Hoffman Estates	$162,748,716	$281,365,989	57.8
West Dundee	$18,758,571	$32,474,527	57.8
Brookfield	$36,786,027	$63,884,699	57.6
Oak Brook	$66,400,463	$115,601,292	57.4
Washington	$7,879,360	$13,732,545	57.4
Joliet	$393,055,171	$686,233,307	57.3
East Peoria	$53,367,687	$93,257,346	57.2
Lake Zurich	$61,097,779	$106,793,293	57.2
McCook	$12,718,674	$22,227,240	57.2
Berwyn	$133,286,452	$233,439,604	57.1
Batavia	$49,444,516	$86,751,048	57
Macomb	$25,737,034	$45,222,511	56.9
Broadview	$49,052,421	$86,391,113	56.8
Steger	$6,218,767	$10,944,636	56.8
Bellwood	$56,854,698	$100,268,438	56.7
Decatur	$189,160,171	$334,609,448	56.5
Bloomingdale	$64,275,067	$114,069,427	56.4
Lake Bluff	$10,375,855	$18,410,116	56.4
Roscoe	$4,335,096	$7,692,810	56.4
Hanover Park	$54,990,165	$97,617,600	56.3
Harrisburg	$10,185,322	$18,088,685	56.3
Jacksonville	$35,951,980	$63,887,703	56.3
Palos Heights	$32,858,770	$58,384,590	56.3
Homewood	$42,564,919	$75,740,591	56.2
Rock Falls	$14,794,845	$26,334,803	56.2
Hazel Crest	$24,522,685	$43,696,156	56.1
Richton Park	$14,972,865	$26,710,094	56.1
Wood River	$16,427,469	$29,279,985	56.1
Ivesdale	$226,836	$405,845	55.9
East Moline	$45,689,903	$82,108,410	55.7
Hoopeston	$3,274,632	$5,886,832	55.6
Chillicothe	$3,489,475	$6,293,092	55.5
La Grange Highlands	$38,261,612	$68,996,030	55.5
Hawthorn Woods	$4,251,838	$7,673,459	55.4
Palatine	$152,941,312	$275,938,484	55.4
Herrin	$19,305,110	$34,942,102	55.3
Sterling	$27,783,231	$50,260,787	55.3
Chicago Ridge	$35,356,380	$64,022,985	55.2
Vandalia	$4,862,776	$8,802,511	55.2
La Grange Park	$14,981,622	$27,259,821	55
Geneseo	$6,150,600	$11,245,252	54.7
Villa Park	$47,679,314	$87,365,661	54.6
Harwood Heights	$35,553,796	$65,216,204	54.5
Wauconda	$39,303,661	$72,132,183	54.5
Norridge	$27,037,220	$49,724,707	54.4
Berkeley	$9,029,658	$16,628,026	54.3
Dixon	$30,493,891	$56,258,909	54.2
Loves Park	$15,516,839	$28,625,951	54.2
Midlothian	$22,897,868	$42,242,162	54.2
Itasca	$32,455,365	$60,021,426	54.1
Hillsboro	$3,147,148	$5,854,965	53.8
Kenilworth	$8,150,449	$15,160,812	53.8
Northbrook	$102,345,672	$191,298,741	53.5
East Dundee	$11,689,961	$21,909,501	53.4
West Frankfort	$11,167,820	$20,907,474	53.4
Bolingbrook	$128,681,988	$242,057,831	53.2
Canton	$23,302,421	$43,793,328	53.2
Carlinville	$4,242,109	$8,015,963	52.9
South Chicago Heights	$3,761,440	$7,108,136	52.9
Western Springs	$16,093,907	$30,609,538	52.6
Aurora	$399,495,692	$762,834,279	52.4
River Forest	$39,430,968	$75,620,477	52.1
Lisle	$100,176,685	$192,763,051	52
Skokie	$168,412,440	$323,776,648	52
Salem	$7,978,875	$15,386,516	51.9
Bloomington	$139,123,516	$269,630,457	51.6
Oakbrook Terrace	$14,686,426	$28,453,924	51.6
Sugar Grove	$8,087,754	$15,676,329	51.6
Glenwood	$12,370,801	$24,084,895	51.4
Johnsburg	$3,145,274	$6,122,919	51.4
Normal	$69,638,484	$135,386,270	51.4
Oak Park	$149,344,206	$291,727,946	51.2
Ottawa	$34,819,824	$68,180,197	51.1
Sullivan	$4,033,032	$7,889,862	51.1
Kewanee	$18,879,030	$37,119,065	50.9
Rolling Meadows	$80,012,146	$157,649,750	50.8
Zion	$47,149,475	$92,777,949	50.8
Downers Grove	$112,374,598	$221,459,304	50.7
Matteson	$46,223,397	$91,381,687	50.6
Beardstown	$2,731,874	$5,410,725	50.5
Silvis	$7,567,921	$15,020,592	50.4
Evanston	$205,650,328	$408,551,058	50.3
Morton Grove	$71,873,692	$142,831,049	50.3
Rockford	$368,517,205	$735,213,279	50.1
Peoria	$311,316,309	$625,848,479	49.7
Woodridge	$36,157,715	$72,796,943	49.7
Hinckley	$89,841	$181,384	49.5
Waukegan	$168,862,435	$341,731,170	49.4
Country Club Hills	$28,578,484	$58,147,811	49.2
Mt Carmel	$5,510,102	$11,203,838	49.2
Murphysboro	$10,888,357	$22,154,503	49.2
Carbondale	$42,953,313	$87,469,132	49.1
Elgin	$208,767,562	$424,932,517	49.1
Monee	$9,092,086	$18,579,689	48.9
Calumet City	$88,459,397	$181,806,429	48.7
Des Plaines	$173,894,374	$357,390,965	48.7
Springfield	$298,112,990	$613,260,429	48.6
Staunton	$1,301,345	$2,675,768	48.6
Highland Park	$85,308,215	$176,077,051	48.5
Centralia	$23,761,078	$49,081,567	48.4
Shelbyville	$3,606,972	$7,541,309	47.8
Oak Lawn	$153,376,543	$321,885,224	47.7
Bridgeview	$48,126,563	$101,802,202	47.3
Belleville	$73,120,120	$155,157,854	47.1
Yorkville	$9,918,461	$21,059,058	47.1
Wadsworth	$1,275,649	$2,721,920	46.9
Schiller Park	$33,956,121	$72,489,056	46.8
Anna	$4,572,639	$9,793,882	46.7
Du Quoin	$7,480,690	$16,139,591	46.4
Streator	$11,132,080	$24,010,002	46.4
Peoria Heights	$2,768,802	$6,023,162	46
Calumet Park	$8,440,059	$18,390,934	45.9
Wood Dale	$39,605,477	$86,324,357	45.9
Galesburg	$51,825,982	$113,190,356	45.8
Pekin	$58,329,113	$127,362,209	45.8
Oglesby	$3,425,996	$7,493,895	45.7
Cherry Valley	$9,008,058	$19,763,534	45.6
Westmont	$30,130,964	$66,082,247	45.6
Coal City	$4,521,962	$9,991,205	45.3
La Grange	$30,438,428	$67,381,260	45.2
Lansing	$51,852,652	$114,929,156	45.1
Quincy	$70,936,822	$157,349,636	45.1
Caseyville	$4,112,408	$9,188,588	44.8
Island Lake	$3,801,364	$8,561,129	44.4
Park Forest	$35,326,047	$79,615,041	44.4
Bensenville	$31,428,369	$71,310,931	44.1
Monmouth	$13,214,656	$30,066,330	44
Lincolnwood	$21,767,515	$49,690,801	43.8
Franklin Park	$61,356,323	$140,582,093	43.6
Hillside	$31,108,428	$71,566,872	43.5
Alsip	$48,626,296	$111,940,478	43.4
Forest Park	$38,402,417	$88,407,235	43.4
Marengo	$5,640,041	$13,223,529	42.7
Wayne	$2,152,759	$5,083,044	42.4
DeKalb	$67,314,271	$161,178,095	41.8
Chicago Heights	$83,735,253	$201,926,612	41.5
Sandwich	$5,011,216	$12,124,696	41.3
Peotone	$3,312,389	$8,080,376	41
Savanna	$3,348,855	$8,214,703	40.8
Charleston	$27,257,828	$67,357,795	40.5
Justice	$9,225,987	$22,860,553	40.4
Olney	$7,264,275	$18,062,058	40.2
Worth	$14,474,357	$36,110,069	40.1
LaSalle	$19,559,377	$49,378,834	39.6
Carmi	$3,519,198	$9,022,367	39
Kildeer	$4,749,535	$12,175,017	39
Cicero	$109,234,145	$281,947,155	38.7
Manhattan	$4,074,056	$10,541,536	38.7
Olympia Fields	$9,798,243	$25,414,170	38.6
Pontoon Beach	$4,683,657	$12,145,860	38.6
Colona	$2,399,361	$6,298,668	38.1
Mattoon	$35,217,809	$92,475,019	38.1
Pana	$3,245,795	$8,550,244	38
Winnebago	$390,200	$1,027,503	38
Granite City	$50,739,692	$134,698,881	37.7
Niles	$65,282,975	$174,927,720	37.3
Fairfield	$4,928,720	$13,295,884	37.1
Carterville	$1,290,576	$3,499,082	36.9
Maywood	$43,720,454	$118,375,298	36.9
Lakemoor	$1,023,567	$2,835,363	36.1
Lincoln	$19,065,939	$52,806,090	36.1
North Riverside	$26,354,181	$73,356,819	35.9
Riverside	$10,130,031	$28,316,032	35.8
Elmwood Park	$30,643,631	$88,326,335	34.7
Moline	$73,552,253	$212,348,105	34.6
Riverdale	$19,030,288	$56,113,687	33.9
Orland Hills	$3,024,368	$9,126,235	33.1
Sauk Village	$5,877,285	$17,978,596	32.7
Rock Island	$60,795,525	$186,484,449	32.6
Monticello	$1,291,934	$4,062,955	31.8
Harvey	$27,690,055	$88,825,227	31.2
Forest View	$5,298,929	$17,302,351	30.6
Genoa	$2,156,053	$7,079,332	30.5
Watseka	$3,031,485	$9,926,699	30.5
Jerseyville	$4,193,117	$14,317,270	29.3
Lyons	$9,886,069	$34,745,940	28.5
Antioch	$9,631,167	$33,911,706	28.4
Alton	$46,176,779	$163,555,537	28.2
Fox River Grove	$2,892,101	$10,352,207	27.9
North Chicago	$25,656,187	$95,477,810	26.9
Summit	$10,607,184	$40,038,065	26.5
Melrose Park	$48,791,653	$186,796,288	26.1
Lynwood	$3,147,376	$12,150,017	25.9
East Alton	$5,107,707	$20,279,638	25.2
Stickney	$5,229,879	$20,945,031	25
Blue Island	$17,954,512	$75,039,020	23.9
Kankakee	$34,746,847	$145,455,463	23.9
Venice	$451,758	$1,919,625	23.5
Park City	$2,091,748	$9,088,484	23
Burnham	$1,924,454	$8,855,010	21.7
Danville	$31,501,912	$147,476,459	21.4
Pinckneyville	$864,854	$4,319,850	20
Willow Springs	$2,484,650	$12,989,639	19.1
East St Louis	$23,569,625	$127,929,187	18.4
Stone Park	$4,079,071	$22,607,259	18
Madison	$2,137,810	$13,197,535	16.2
Cairo	$1,318,425	$10,724,509	12.3
Atwood	$8,146	$82,862	9.8