Herrin Police Pension Fund
Recent News About Herrin Police Pension Fund
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Report: Herrin Police Pension Fund gained $404,539 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Herrin Police Pension Fund netted 5.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Herrin Police Pension Fund would go bankrupt in 74 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Herrin Police Pension Fund would have lost $117,262 in 2018, according to a Carbondale Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Herrin pays $8.26 for every $1 pensioners contribute to Herrin Police Pension Fund
Taxpayers contributed 89.2 percent of the $1,348,775 the Herrin Police Pension Fund brought in 2018, or $8.26 for every $1 from pension members.
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Report: 49.5% of Herrin Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.5 percent of the Herrin Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Herrin Police Pension Fund earns $72,627 per year
The Herrin Police Pension Fund had 17 active participants receiving an average salary of $72,627 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Herrin pays $8.30 for every $1 pensioners contribute to Herrin Police Pension Fund
Taxpayers contributed 89.2 percent of the $1,116,112 the Herrin Police Pension Fund brought in last year, or $8.30 for every $1 from pension members.
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Report: Herrin Police Pension Fund lost $13,286 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Herrin Police Pension Fund lost 0.44 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Herrin Police Pension Fund would go broke in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Herrin Police Pension Fund lost $401,843 in 2016, according to a Carbondale Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 52.1% of Herrin Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.1 percent of the Herrin Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.