Macomb Police Pension Fund
Recent News About Macomb Police Pension Fund
-
Report: Macomb Police Pension Fund gained $1,381,078 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Macomb Police Pension Fund netted 8.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Macomb pays $5.19 for every $1 pensioners contribute to Macomb Police Pension Fund
Taxpayers contributed 83.8 percent of the $1,006,413 the Macomb Police Pension Fund brought in 2018, or $5.19 for every $1 from pension members.
-
Report: 62.5% of Macomb Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62.5 percent of the Macomb Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Macomb Police Pension Fund lost $60,622 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Macomb Police Pension Fund lost 0.88 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in Macomb Police Pension Fund earns $59,485 per year
The Macomb Police Pension Fund had 26 active participants receiving an average salary of $59,485 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Macomb pays $3.13 for every $1 pensioners contribute to Macomb Police Pension Fund
Taxpayers contributed 75.8 percent of the $670,247 the Macomb Police Pension Fund brought in last year, or $3.13 for every $1 from pension members.
-
Analysis: Macomb Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Macomb Police Pension Fund lost $1,308,895 in 2016, according to a West Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: 64.9% of Macomb Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 64.9 percent of the Macomb Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: These 4 West Central Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Jacksonville, Macomb and Beardstown would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
-
West Central Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Beardstown, Macomb and Jacksonville depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
West Central Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Jacksonville, Macomb and Beardstown depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
Rankings: 6 best funded pensions in West Central Illinois
Jacksonville, Macomb and Beardstown have government pension funds with the highest funding levels in West Central Illinois, according to the Illinois Department of Insurance.
-
Analysis: West-central Illinois fire, police pension funds paid $43 million, lost $1.8 million on investments in 2016
West-central Illinois’ 43 police and fire pension funds paid out a total of $43,041,315 in benefits to 1,050 retirees and inactive recipients in 2016 while losing $1,864,002 on their investments, according to a Western Central Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.