Homewood Police Pension Fund
Recent News About Homewood Police Pension Fund
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Report: Homewood Police Pension Fund gained $2,178,703 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Homewood Police Pension Fund netted 7.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Homewood pays $4.25 for every $1 pensioners contribute to Homewood Police Pension Fund
Taxpayers contributed 80.8 percent of the $1,976,729 the Homewood Police Pension Fund brought in 2018, or $4.25 for every $1 from pension members.
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Report: 53% of Homewood Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53 percent of the Homewood Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Homewood Police Pension Fund would go bankrupt in 74 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Homewood Police Pension Fund would have lost $392,262 in 2018, 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: Homewood Police Pension Fund gained $150,100 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Homewood Police Pension Fund netted 0.44 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 Homewood Police Pension Fund earns $90,238 per year
The Homewood Police Pension Fund had 39 active participants receiving an average salary of $90,238 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Homewood pays $2.74 for every $1 pensioners contribute to Homewood Police Pension Fund
Taxpayers contributed 73.5 percent of the $1,462,699 the Homewood Police Pension Fund brought in last year, or $2.74 for every $1 from pension members.
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Analysis: Homewood Police Pension Fund would go broke in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Homewood Police Pension Fund lost $2,055,305 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: 55.8% of Homewood Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.8 percent of the Homewood Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.