Peotone Police Pension Fund
Recent News About Peotone Police Pension Fund
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Report: Peotone Police Pension Fund gained $48,312 in investment income in 2018
After projecting its investments would grow by 4.5 percent, the Peotone Police Pension Fund netted 3.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Peotone Police Pension Fund would go bankrupt in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Peotone Police Pension Fund would have lost $132,237 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: Peotone pays $3.43 for every $1 pensioners contribute to Peotone Police Pension Fund
Taxpayers contributed 77.5 percent of the $211,694 the Peotone Police Pension Fund brought in 2018, or $3.43 for every $1 from pension members.
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Report: 22.4% of Peotone Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 22.4 percent of the Peotone 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 Peotone Police Pension Fund earns $55,818 per year
The Peotone Police Pension Fund had 8 active participants receiving an average salary of $55,818 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Peotone Police Pension Fund gained $10,089 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Peotone Police Pension Fund netted 0.83 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Peotone pays $3.90 for every $1 pensioners contribute to Peotone Police Pension Fund
Taxpayers contributed 79.6 percent of the $214,809 the Peotone Police Pension Fund brought in last year, or $3.90 for every $1 from pension members.
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Analysis: Peotone Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Peotone Police Pension Fund lost $158,500 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: 25.7% of Peotone Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 25.7 percent of the Peotone 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: Peotone police pension fund saw 48% shortfall in city contribution in 2016
Of the 651 fire and police pension funds in Illinois, more than 400 were underfunded by cities in 2016, including 21 funds serving cities in Will County.
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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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Illinois 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.