Glencoe Police Pension Fund
Recent News About Glencoe Police Pension Fund
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Report: Glencoe Police Pension Fund gained $3,370,974 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Glencoe Police Pension Fund netted 9.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glencoe pays $3.27 for every $1 pensioners contribute to Glencoe Police Pension Fund
Taxpayers contributed 76.6 percent of the $1,515,387 the Glencoe Police Pension Fund brought in 2018, or $3.27 for every $1 from pension members.
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Report: 62.4% of Glencoe Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62.4 percent of the Glencoe Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Glencoe Police Pension Fund lost $1,682,628 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Glencoe Police Pension Fund lost 5.81 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 Glencoe Police Pension Fund earns $102,904 per year
The Glencoe Police Pension Fund had 33 active participants receiving an average salary of $102,904 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glencoe pays $4.59 for every $1 pensioners contribute to Glencoe Police Pension Fund
Taxpayers contributed 82.1 percent of the $1,902,955 the Glencoe Police Pension Fund brought in last year, or $4.59 for every $1 from pension members.
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Analysis: Glencoe Police Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Glencoe Police Pension Fund lost $3,850,027 in 2016, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 67.5% of Glencoe Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.5 percent of the Glencoe 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: North Cook County fire, police pension funds paid $195 million, lost $5 million on investments in 2016
North Cook County’s 61 police and fire pension funds paid out a total of $195,281,518 in benefits to 3,465 retirees and inactive recipients in 2016 while losing $5,495,345 on their investments, according to a North Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.