Matteson Police Pension Fund
Recent News About Matteson Police Pension Fund
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Report: Matteson Police Pension Fund gained $1,733,490 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Matteson 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: Matteson pays $4.15 for every $1 pensioners contribute to Matteson Police Pension Fund
Taxpayers contributed 80.7 percent of the $1,737,560 the Matteson Police Pension Fund brought in 2018, or $4.15 for every $1 from pension members.
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Report: 51.8% of Matteson Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 51.8 percent of the Matteson Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Matteson Police Pension Fund would go bankrupt in 56 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Matteson Police Pension Fund would have lost $436,654 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: Matteson Police Pension Fund lost $277,293 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Matteson Police Pension Fund lost 1.50 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 Matteson Police Pension Fund earns $86,928 per year
The Matteson Police Pension Fund had 36 active participants receiving an average salary of $86,928 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Matteson pays $3.84 for every $1 pensioners contribute to Matteson Police Pension Fund
Taxpayers contributed 79.4 percent of the $1,473,444 the Matteson Police Pension Fund brought in last year, or $3.84 for every $1 from pension members.
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Analysis: Matteson Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Matteson Police Pension Fund lost $2,133,292 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: 54.1% of Matteson Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.1 percent of the Matteson Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.