Marion Police Pension Fund
Recent News About Marion Police Pension Fund
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Report: Marion Police Pension Fund gained $867,355 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Marion Police Pension Fund netted 6.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marion Police Pension Fund would go bankrupt in 109 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Marion Police Pension Fund would have lost $117,596 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: Marion pays $4.92 for every $1 pensioners contribute to Marion Police Pension Fund
Taxpayers contributed 83.1 percent of the $1,199,857 the Marion Police Pension Fund brought in 2018, or $4.92 for every $1 from pension members.
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Report: 61.4% of Marion Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 61.4 percent of the Marion 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 Marion Police Pension Fund earns $56,572 per year
The Marion Police Pension Fund had 33 active participants receiving an average salary of $56,572 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marion pays $4 for every $1 pensioners contribute to Marion Police Pension Fund
Taxpayers contributed 80 percent of the $902,936 the Marion Police Pension Fund brought in last year, or $4 for every $1 from pension members.
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Report: Marion Police Pension Fund gained $196,335 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Marion Police Pension Fund netted 1.80 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marion Police Pension Fund would go broke in 15 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Marion Police Pension Fund lost $733,002 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: 60.2% of Marion Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60.2 percent of the Marion 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 3 Greater Carbondale pension funds would go bankrupt fastest without subsidies
Pension funds in Marion, Murphysboro and Carbondale would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
A pension fund in Marion would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.