Manhattan Police Pension Fund
Recent News About Manhattan Police Pension Fund
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Report: Manhattan Police Pension Fund lost $709 in investment income in 2018
After projecting its investments would grow by 4.5 percent, the Manhattan Police Pension Fund lost 0.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Manhattan Police Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Manhattan Police Pension Fund would have lost $186,109 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: Manhattan pays $5.31 for every $1 pensioners contribute to Manhattan Police Pension Fund
Taxpayers contributed 84.2 percent of the $493,074 the Manhattan Police Pension Fund brought in 2018, or $5.31 for every $1 from pension members.
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Report: 29.2% of Manhattan Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 29.2 percent of the Manhattan 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 Manhattan Police Pension Fund earns $68,139 per year
The Manhattan Police Pension Fund had 11 active participants receiving an average salary of $68,139 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Manhattan Police Pension Fund gained $27,747 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Manhattan Police Pension Fund netted 1.49 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Manhattan pays $3.71 for every $1 pensioners contribute to Manhattan Police Pension Fund
Taxpayers contributed 78.8 percent of the $342,112 the Manhattan Police Pension Fund brought in last year, or $3.71 for every $1 from pension members.
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Analysis: Manhattan Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Manhattan Police Pension Fund lost $139,820 in 2016, according to a Will County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 27.9% of Manhattan Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 27.9 percent of the Manhattan Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Will County pension funds: Where do taxpayers contribute least?
Government pension funds in Elwood, Manhattan and Peotone depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Will County
Peotone, Manhattan and Monee have government pension funds with the lowest funding levels in Will County, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Peotone, Manhattan and Monee have government pension funds with the lowest funding levels in Illinois, 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.