Midlothian Police Pension Fund
Recent News About Midlothian Police Pension Fund
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Report: Midlothian Police Pension Fund gained $1,051,907 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Midlothian Police Pension Fund netted 6.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Midlothian pays $1.83 for every $1 pensioners contribute to Midlothian Police Pension Fund
Taxpayers contributed 65.2 percent of the $583,381 the Midlothian Police Pension Fund brought in 2018, or $1.83 for every $1 from pension members.
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Report: 65.5% of Midlothian Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.5 percent of the Midlothian Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Midlothian Police Pension Fund would go bankrupt in 91 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Midlothian Police Pension Fund would have lost $166,800 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: Midlothian Police Pension Fund gained $281,107 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Midlothian Police Pension Fund netted 1.53 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 Midlothian Police Pension Fund earns $73,922 per year
The Midlothian Police Pension Fund had 28 active participants receiving an average salary of $73,922 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Midlothian pays $1.23 for every $1 pensioners contribute to Midlothian Police Pension Fund
Taxpayers contributed 55.4 percent of the $450,351 the Midlothian Police Pension Fund brought in last year, or $1.23 for every $1 from pension members.
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Report: 73.8% of Midlothian Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 73.8 percent of the Midlothian 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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Rankings: 10 best funded pensions in South Suburbs
Markham, Posen and Orland Park have government pension funds with the highest funding levels in South Suburbs, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Markham, Posen and Orland Park have government pension funds with the highest funding levels in Illinois, 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.