Lockport Police Pension Fund
Recent News About Lockport Police Pension Fund
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Report: Lockport Police Pension Fund lost $855,597 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lockport Police Pension Fund lost 4.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lockport Police Pension Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lockport Police Pension Fund would have lost $2,346,143 in 2018, according to a Will County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lockport pays $4.56 for every $1 pensioners contribute to Lockport Police Pension Fund
Taxpayers contributed 82 percent of the $1,874,990 the Lockport Police Pension Fund brought in 2018, or $4.56 for every $1 from pension members.
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Report: 66.1% of Lockport Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 66.1 percent of the Lockport Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Lockport Police Pension Fund earns $88,451 per year
The Lockport Police Pension Fund had 37 active participants receiving an average salary of $88,451 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Lockport Police Pension Fund gained $1,148,191 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Lockport Police Pension Fund netted 5.44 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lockport pays $4.40 for every $1 pensioners contribute to Lockport Police Pension Fund
Taxpayers contributed 81.5 percent of the $1,730,153 the Lockport Police Pension Fund brought in last year, or $4.40 for every $1 from pension members.
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Report: 64% of Lockport Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 64 percent of the Lockport Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: These 4 Will County pension funds sustain themselves without subsidies
Pension funds in Peotone, New Lenox and Mokena could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 20 Will County pension funds would go bankrupt fastest without subsidies
Pension funds in Mokena, Joliet and Frankfort would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Mokena, Joliet and Frankfort would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Will County pension funds: Where do taxpayers contribute most?
Government pension funds in Joliet, Bolingbrook and Romeoville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Analysis: Will County fire, police pension funds paid $40 million, lost $647K on investments in 2016
Will County’s 38 police and fire pension funds paid out a total of $40,749,996 in benefits to 667 retirees and inactive recipients in 2016 while losing $647,696 on their investments, according to a Will County Gazette analysis of the funds' mandated financial filings with the Illinois Department of Insurance.