Lemont Police Pension Fund
Recent News About Lemont Police Pension Fund
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Report: Lemont Police Pension Fund gained $1,275,368 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lemont Police Pension Fund netted 7.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lemont pays $2.67 for every $1 pensioners contribute to Lemont Police Pension Fund
Taxpayers contributed 72.9 percent of the $1,125,601 the Lemont Police Pension Fund brought in 2018, or $2.67 for every $1 from pension members.
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Report: 66.5% of Lemont Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 66.5 percent of the Lemont Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Lemont Police Pension Fund lost $157,050 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Lemont Police Pension Fund lost 1.32 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 Lemont Police Pension Fund earns $85,995 per year
The Lemont Police Pension Fund had 27 active participants receiving an average salary of $85,995 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lemont pays $2.68 for every $1 pensioners contribute to Lemont Police Pension Fund
Taxpayers contributed 73.5 percent of the $853,261 the Lemont Police Pension Fund brought in last year, or $2.68 for every $1 from pension members.
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Analysis: Lemont Police Pension Fund would go broke in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Lemont Police Pension Fund lost $911,347 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: 68.1% of Lemont Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 68.1 percent of the Lemont 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: These 20 South Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Palos Heights, Burbank and La Grange would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Palos Heights, Burbank and La Grange would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported 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.