Posen Police Pension Fund
Recent News About Posen Police Pension Fund
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Report: Posen Police Pension Fund gained $357,378 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Posen 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: Posen pays $2.97 for every $1 pensioners contribute to Posen Police Pension Fund
Taxpayers contributed 74.8 percent of the $361,602 the Posen Police Pension Fund brought in 2018, or $2.97 for every $1 from pension members.
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Report: 77.7% of Posen Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 77.7 percent of the Posen Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Posen Police Pension Fund lost $148,085 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Posen Police Pension Fund lost 3.91 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 Posen Police Pension Fund earns $54,481 per year
The Posen Police Pension Fund had 16 active participants receiving an average salary of $54,481 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Posen pays $1.77 for every $1 pensioners contribute to Posen Police Pension Fund
Taxpayers contributed 64 percent of the $262,312 the Posen Police Pension Fund brought in last year, or $1.77 for every $1 from pension members.
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Analysis: Posen Police Pension Fund would go broke in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Posen Police Pension Fund lost $299,070 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: 77.3% of Posen Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 77.3 percent of the Posen Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Sauk Village, South Chicago Heights and Robbins depended least on taxpayer contributions to make ends meet in 2016, according 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.