Flora Police Pension Fund
Recent News About Flora Police Pension Fund
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City of Flora City Council met Dec. 6
City of Flora City Council met Monday, Dec. 6.
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Report: Flora Police Pension Fund gained $116,595 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Flora Police Pension Fund netted 2.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Flora Police Pension Fund would go bankrupt in 22 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Flora Police Pension Fund would have lost $252,496 in 2018, according to a East Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Flora pays $3.66 for every $1 pensioners contribute to Flora Police Pension Fund
Taxpayers contributed 78.6 percent of the $341,402 the Flora Police Pension Fund brought in 2018, or $3.66 for every $1 from pension members.
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Report: 60% of Flora Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60 percent of the Flora Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Flora Police Pension Fund gained $8,998 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Flora Police Pension Fund netted 0.18 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 Flora Police Pension Fund earns $64,304 per year
The Flora Police Pension Fund had 11 active participants receiving an average salary of $64,304 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Flora pays $3.58 for every $1 pensioners contribute to Flora Police Pension Fund
Taxpayers contributed 78.1 percent of the $330,501 the Flora Police Pension Fund brought in last year, or $3.58 for every $1 from pension members.
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Analysis: Flora Police Pension Fund would go broke in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Flora Police Pension Fund lost $306,972 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: 65.8% of Flora Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.8 percent of the Flora Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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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Rankings: 10 worst funded pensions in East Central Illinois
Olney, Mattoon and Charleston have government pension funds with the lowest funding levels in East Central Illinois, 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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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.