Metropolis Police Pension Fund
Recent News About Metropolis Police Pension Fund
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Report: Metropolis Police Pension Fund gained $392,612 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Metropolis Police Pension Fund netted 5.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Metropolis Police Pension Fund would go bankrupt in 261 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Metropolis Police Pension Fund would have lost $27,171 in 2018, according to a Southern Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Metropolis pays $5.98 for every $1 pensioners contribute to Metropolis Police Pension Fund
Taxpayers contributed 85.7 percent of the $564,979 the Metropolis Police Pension Fund brought in 2018, or $5.98 for every $1 from pension members.
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Report: 67.6% of Metropolis Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.6 percent of the Metropolis Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Metropolis Police Pension Fund gained $171,600 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Metropolis Police Pension Fund netted 2.84 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 Metropolis Police Pension Fund earns $56,143 per year
The Metropolis Police Pension Fund had 14 active participants receiving an average salary of $56,143 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Metropolis pays $5.77 for every $1 pensioners contribute to Metropolis Police Pension Fund
Taxpayers contributed 85.2 percent of the $529,681 the Metropolis Police Pension Fund brought in last year, or $5.77 for every $1 from pension members.
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Report: 63.9% of Metropolis Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.9 percent of the Metropolis Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Southern Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Anna, Cairo and Metropolis depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Southern Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Metropolis, Cairo and Anna depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 6 best funded pensions in Southern Illinois
Metropolis, Anna and Cairo have government pension funds with the highest funding levels in Southern Illinois, according to the Illinois Department of Insurance.