SPRINGFIELD, Ill. (AP) - Illinois lawmakers are under pressure from mayors across the state to help solve a looming crisis over underfunded police and firefighter pension funds. Below is a list of the state’s ten largest cities by size, the amount of each city’s combined debt to its police and fire pension funds and the percentage of funding by each city.
1. Chicago: $10 billion. Police fund at 29 percent, firefighter fund at 24 percent.
2. Aurora: $220 million. Combined, about 50 percent. .
3. Rockford: $180 million. Combined, about 60 percent.
4. Joliet: $253 million. Combined, about 50 percent.
5. Naperville: $100 million. Around 70 percent.
6. Springfield: $227 million. Between 45 and 55 percent.
7. Peoria: $158 million. Combined, about 60 percent.
8. Elgin: $136 million. About 40 to 50 percent.
9. Waukegan: $131 million. Both about 40 percent.
10. Cicero: $111 million. Fire pension about 33 percent, police at 48 percent.
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Sources: Municipal police and fire pension fund actuarial valuation reports, the Commission on Government Forecasting and Accountability January 2013 report, the Illinois Department of Insurance 2013 Public Pension Report.
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