Mattoon Police Pension Fund
Recent News About Mattoon Police Pension Fund
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Report: Mattoon Police Pension Fund gained $1,580,681 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Mattoon Police Pension Fund netted 8.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mattoon Police Pension Fund would go bankrupt in 29 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mattoon Police Pension Fund would have lost $643,630 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: Mattoon pays $6.46 for every $1 pensioners contribute to Mattoon Police Pension Fund
Taxpayers contributed 87.3 percent of the $1,878,777 the Mattoon Police Pension Fund brought in 2018, or $6.46 for every $1 from pension members.
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Report: 41.8% of Mattoon Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 41.8 percent of the Mattoon Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mattoon Police Pension Fund lost $687,049 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Mattoon Police Pension Fund lost 4.36 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 Mattoon Police Pension Fund earns $65,307 per year
The Mattoon Police Pension Fund had 38 active participants receiving an average salary of $65,307 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mattoon pays $5.54 for every $1 pensioners contribute to Mattoon Police Pension Fund
Taxpayers contributed 85.7 percent of the $1,637,120 the Mattoon Police Pension Fund brought in last year, or $5.54 for every $1 from pension members.
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Analysis: Mattoon Police Pension Fund would go broke in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Mattoon Police Pension Fund lost $2,751,510 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: 45.8% of Mattoon Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.8 percent of the Mattoon 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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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 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.