Galesburg Police Pension Fund
Recent News About Galesburg Police Pension Fund View More
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Report: Galesburg Police Pension Fund lost $1,571,231 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Galesburg Police Pension Fund lost 6.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Galesburg Police Pension Fund would go bankrupt in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Galesburg Police Pension Fund would have lost $4,434,875 in 2018, according to a Galesburg Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Galesburg pays $6.14 for every $1 pensioners contribute to Galesburg Police Pension Fund
Taxpayers contributed 86 percent of the $2,556,937 the Galesburg Police Pension Fund brought in 2018, or $6.14 for every $1 from pension members.
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Report: 48.6% of Galesburg Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.6 percent of the Galesburg Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Galesburg Police Pension Fund gained $1,206,143 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Galesburg Police Pension Fund netted 4.85 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 Galesburg Police Pension Fund earns $65,623 per year
The Galesburg Police Pension Fund had 48 active participants receiving an average salary of $65,623 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Galesburg pays $6 for every $1 pensioners contribute to Galesburg Police Pension Fund
Taxpayers contributed 85.7 percent of the $2,283,103 the Galesburg Police Pension Fund brought in last year, or $6 for every $1 from pension members.
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Analysis: Galesburg Police Pension Fund would go broke in 20 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Galesburg Police Pension Fund lost $1,254,563 in 2016, according to a Galesburg Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 53% of Galesburg Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53 percent of the Galesburg Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Greater Galesburg pension funds: Where do taxpayers contribute least?
Government pension funds in Monmouth and Galesburg depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Greater Galesburg pension funds: Where do taxpayers contribute most?
Government pension funds in Galesburg and Monmouth depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
A government pension fund in Galesburg depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 3 best funded pensions in Greater Galesburg
Monmouth and Galesburg have government pension funds with the highest funding levels in Greater Galesburg, according to the Illinois Department of Insurance.