Monmouth Police Pension Fund
Recent News About Monmouth Police Pension Fund View More
-
Report: Monmouth Police Pension Fund gained $396,680 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Monmouth Police Pension Fund netted 4.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Monmouth Police Pension Fund would go bankrupt in 19 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Monmouth Police Pension Fund would have lost $439,385 in 2018, according to a Galesburg Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Monmouth pays $3.06 for every $1 pensioners contribute to Monmouth Police Pension Fund
Taxpayers contributed 75.4 percent of the $683,272 the Monmouth Police Pension Fund brought in 2018, or $3.06 for every $1 from pension members.
-
Report: 48.5% of Monmouth Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.5 percent of the Monmouth Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Monmouth Police Pension Fund lost $6,937 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Monmouth Police Pension Fund lost 0.54 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in Monmouth Police Pension Fund earns $58,368 per year
The Monmouth Police Pension Fund had 19 active participants receiving an average salary of $58,368 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Monmouth pays $4.46 for every $1 pensioners contribute to Monmouth Police Pension Fund
Taxpayers contributed 81.7 percent of the $601,326 the Monmouth Police Pension Fund brought in last year, or $4.46 for every $1 from pension members.
-
Analysis: Monmouth Police Pension Fund would go broke in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Monmouth Police Pension Fund lost $622,275 in 2016, according to a Galesburg Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Monmouth police pension fund saw 8% shortfall in city contribution in 2016
Of the 651 fire and police pension funds in Illinois, more than 400 were underfunded by cities in 2016, including one fund serving cities in the Galesburg area.
-
Report: 53% of Monmouth 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 Monmouth Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
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.
-
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.
-
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.