Village of Alsip Police Pension Board
Local Government - Appointed Boards & Commissions | City/Town/Village Pension Boards
Recent News About Village of Alsip Police Pension Board
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Report: Alsip Police Pension Fund gained $1,390,879 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Alsip Police Pension Fund netted 6.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Alsip Police Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Alsip Police Pension Fund would have lost $1,911,090 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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Analysis: Alsip pays $7.88 for every $1 pensioners contribute to Alsip Police Pension Fund
Taxpayers contributed 88.7 percent of the $3,017,280 the Alsip Police Pension Fund brought in 2018, or $7.88 for every $1 from pension members.
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Report: 33.4% of Alsip Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 33.4 percent of the Alsip Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Village of Alsip Board of Trustees met March 16
Village of Alsip Board of Trustees met Monday, March 16.
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Village of Alsip Village Board met December 16
Village of Alsip Village Board met Tuesday, Dec. 10.
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Report: Average pensioner in Alsip Police Pension Fund earns $81,829 per year
The Alsip Police Pension Fund had 41 active participants receiving an average salary of $81,829 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Alsip pays $6.80 for every $1 pensioners contribute to Alsip Police Pension Fund
Taxpayers contributed 87.2 percent of the $2,739,567 the Alsip Police Pension Fund brought in last year, or $6.80 for every $1 from pension members.
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Analysis: Alsip Police Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Alsip Police Pension Fund lost $2,798,974 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: 37.1% of Alsip Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 37.1 percent of the Alsip 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 4 South Suburban pension funds sustain themselves without subsidies
Pension funds in Chicago Ridge, Lemont and Orland Park could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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South Suburbs pension funds: Where do taxpayers contribute most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most 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 most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
South Chicago Heights, Sauk Village and Evergreen Park have government pension funds with the lowest 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.