South Chicago Heights Police Pension Fund
Recent News About South Chicago Heights Police Pension Fund
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Report: South Chicago Heights Police Pension Fund lost $40,966 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the South Chicago Heights Police Pension Fund lost 1.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: South Chicago Heights pays $3.16 for every $1 pensioners contribute to South Chicago Heights Police Pension Fund
Taxpayers contributed 76 percent of the $206,411 the South Chicago Heights Police Pension Fund brought in 2018, or $3.16 for every $1 from pension members.
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Report: 55.9% of South Chicago Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55.9 percent of the South Chicago Heights Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: South Chicago Heights Police Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the South Chicago Heights Police Pension Fund would have lost $308,225 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: South Chicago Heights Police Pension Fund gained $32,776 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the South Chicago Heights Police Pension Fund netted 0.59 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 South Chicago Heights Police Pension Fund earns $58,940 per year
The South Chicago Heights Police Pension Fund had 8 active participants receiving an average salary of $58,940 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: South Chicago Heights pays $3.19 for every $1 pensioners contribute to South Chicago Heights Police Pension Fund
Taxpayers contributed 76.1 percent of the $179,812 the South Chicago Heights Police Pension Fund brought in last year, or $3.19 for every $1 from pension members.
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Analysis: South Chicago Heights Police Pension Fund would go broke in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, South Chicago Heights Police Pension Fund lost $204,976 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: 57.8% of South Chicago Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.8 percent of the South Chicago Heights Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Divisi
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South Suburbs 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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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.