Calumet City Police Pension Fund
Recent News About Calumet City Police Pension Fund
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Analysis: Calumet City pays $4.49 for every $1 pensioners contribute to Calumet City Police Pension Fund
Taxpayers contributed 83.3 percent of the $4,045,939 the Calumet City Police Pension Fund brought in 2018, or $4.49 for every $1 from pension members.
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Report: 49% of Calumet City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49 percent of the Calumet City Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Calumet City Police Pension Fund lost $1,081,551 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Calumet City Police Pension Fund lost 2.70 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Calumet City Police Pension Fund earns $85,377 per year
The Calumet City Police Pension Fund had 84 active participants receiving an average salary of $85,377 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Calumet City pays $4.38 for every $1 pensioners contribute to Calumet City Police Pension Fund
Taxpayers contributed 81.4 percent of the $3,982,948 the Calumet City Police Pension Fund brought in last year, or $4.38 for every $1 from pension members.
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Analysis: Calumet City Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Calumet City Police Pension Fund lost $5,009,073 in 2016, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 54.5% of Calumet City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.5 percent of the Calumet City Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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South Suburbs pension funds: Where do taxpayers contribute most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most 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 most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Analysis: South Cook County fire, police pension funds paid $100 million, lost $5 million on investments in 2016
Seventy-five of South Cook County’s 80 police and fire pension funds paid out a total of $100.2 million in benefits to 1,979 retirees and inactive recipients in 2016 while losing $5,109,268 on their investments, according to a South Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.