Markham Police Pension Fund
Recent News About Markham Police Pension Fund
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Report: Markham Police Pension Fund gained $1,440,637 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Markham Police Pension Fund netted 7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Markham pays $3.70 for every $1 pensioners contribute to Markham Police Pension Fund
Taxpayers contributed 78.8 percent of the $1,214,512 the Markham Police Pension Fund brought in 2018, or $3.70 for every $1 from pension members.
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Report: 69.8% of Markham Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.8 percent of the Markham Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Markham Police Pension Fund lost $215,899 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Markham Police Pension Fund lost 1.59 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 Markham Police Pension Fund earns $74,247 per year
The Markham Police Pension Fund had 38 active participants receiving an average salary of $74,247 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Markham pays $3.62 for every $1 pensioners contribute to Markham Police Pension Fund
Taxpayers contributed 78.3 percent of the $1,220,119 the Markham Police Pension Fund brought in last year, or $3.62 for every $1 from pension members.
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Analysis: Markham Police Pension Fund would go broke in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Markham Police Pension Fund lost $1,224,769 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: 71.2% of Markham Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 71.2 percent of the Markham 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 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.