Effingham Police Pension Fund
Recent News About Effingham Police Pension Fund
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Report: Effingham Police Pension Fund gained $1,353,834 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Effingham Police Pension Fund netted 7.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Effingham pays $4.95 for every $1 pensioners contribute to Effingham Police Pension Fund
Taxpayers contributed 83.2 percent of the $1,000,917 the Effingham Police Pension Fund brought in 2018, or $4.95 for every $1 from pension members.
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Report: 72.3% of Effingham Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 72.3 percent of the Effingham Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Effingham Police Pension Fund gained $12,452 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Effingham Police Pension Fund netted 0.09 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 Effingham Police Pension Fund earns $65,237 per year
The Effingham Police Pension Fund had 22 active participants receiving an average salary of $65,237 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Effingham pays $4.22 for every $1 pensioners contribute to Effingham Police Pension Fund
Taxpayers contributed 80.8 percent of the $764,415 the Effingham Police Pension Fund brought in last year, or $4.22 for every $1 from pension members.
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Analysis: Effingham Police Pension Fund would go broke in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Effingham Police Pension Fund lost $897,426 in 2016, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 73.5% of Effingham Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 73.5 percent of the Effingham 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 10 East Central Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Robinson, Shelbyville and Effingham 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
Pension funds in Robinson, Shelbyville and Effingham 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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East Central Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Olney, Shelbyville and Lawrenceville depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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East Central Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Mattoon, Charleston and Effingham depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in East Central Illinois
Lawrenceville, Effingham and Robinson have government pension funds with the highest funding levels in East Central Illinois, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Lawrenceville and Effingham have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: East Central Illinois fire, police pension funds paid $21 million, lost $1.7 million on investments in 2016
East Central Illinois' 34 police and fire pension funds paid out a total of $21,884,811 in benefits to 576 retirees and inactive recipients in 2016 while losing $1,712,059 on their investments, according to an East Central Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.