Lansing Police Pension Fund
Recent News About Lansing Police Pension Fund
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Report: Lansing Police Pension Fund gained $1,329,524 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lansing 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: Lansing pays $5.99 for every $1 pensioners contribute to Lansing Police Pension Fund
Taxpayers contributed 85.6 percent of the $4,357,105 the Lansing Police Pension Fund brought in 2018, or $5.99 for every $1 from pension members.
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Report: 42.8% of Lansing Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.8 percent of the Lansing Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lansing Police Pension Fund would go bankrupt in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lansing Police Pension Fund would have lost $2,509,424 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: Lansing Police Pension Fund lost $15,682 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Lansing Police Pension Fund lost 0.31 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 Lansing Police Pension Fund earns $90,667 per year
The Lansing Police Pension Fund had 54 active participants receiving an average salary of $90,667 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lansing pays $4.75 for every $1 pensioners contribute to Lansing Police Pension Fund
Taxpayers contributed 82.7 percent of the $3,229,491 the Lansing Police Pension Fund brought in last year, or $4.75 for every $1 from pension members.
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Analysis: Lansing Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Lansing Police Pension Fund lost $3,297,542 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: 45% of Lansing Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45 percent of the Lansing 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.