Sauk Village Police Pension Fund
Recent News About Sauk Village Police Pension Fund
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Report: Sauk Village Police Pension Fund gained $278,777 in investment income in 2018
After projecting its investments would grow by 6 percent, the Sauk Village Police Pension Fund netted 4.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: 34.9% of Sauk Village Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 34.9 percent of the Sauk Village Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Sauk Village pays $1.76 for every $1 pensioners contribute to Sauk Village Police Pension Fund
Taxpayers contributed 61.4 percent of the $394,576 the Sauk Village Police Pension Fund brought in 2018, or $1.76 for every $1 from pension members.
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Analysis: Sauk Village Police Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Sauk Village Police Pension Fund would have lost $341,920 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: Sauk Village Police Pension Fund lost $15,671 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Sauk Village Police Pension Fund lost 0.49 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 Sauk Village Police Pension Fund earns $70,677 per year
The Sauk Village Police Pension Fund had 20 active participants receiving an average salary of $70,677 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Sauk Village pays $1.36 for every $1 pensioners contribute to Sauk Village Police Pension Fund
Taxpayers contributed 57 percent of the $338,656 the Sauk Village Police Pension Fund brought in last year, or $1.36 for every $1 from pension members.
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Analysis: Sauk Village Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Sauk Village Police Pension Fund lost $607,510 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: 44.1% of Sauk Village Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.1 percent of the Sauk Village 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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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.