Mount Vernon Police Pension Fund
Recent News About Mount Vernon Police Pension Fund View More
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Report: Mount Vernon Police Pension Fund gained $1,538,851 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Mount Vernon Police Pension Fund netted 8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Vernon Police Pension Fund would go bankrupt in 251 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mount Vernon Police Pension Fund would have lost $80,191 in 2018, according to a North Egypt News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mt Vernon pays $2.53 for every $1 pensioners contribute to Mount Vernon Police Pension Fund
Taxpayers contributed 71.6 percent of the $916,377 the Mount Vernon Police Pension Fund brought in 2018, or $2.53 for every $1 from pension members.
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Report: 65.4% of Mount Vernon Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.4 percent of the Mount Vernon Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mount Vernon Police Pension Fund lost $320,893 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Mount Vernon Police Pension Fund lost 2.08 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 Mount Vernon Police Pension Fund earns $58,700 per year
The Mount Vernon Police Pension Fund had 43 active participants receiving an average salary of $58,700 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mt Vernon pays $3.36 for every $1 pensioners contribute to Mt Vernon Police Pension Fund
Taxpayers contributed 77.1 percent of the $1,132,173 the Mt Vernon Police Pension Fund brought in last year, or $3.36 for every $1 from pension members.
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Analysis: Mount Vernon Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Mount Vernon Police Pension Fund lost $1,707,270 in 2016, according to a North Egypt News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 69.8% of Mt Vernon Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.8 percent of the Mt Vernon 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 2 North Egypt pension funds would go bankrupt fastest without subsidies
Pension funds in Mt Vernon and Mount Vernon would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.