Coal City Police Pension Fund
Recent News About Coal City Police Pension Fund
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Report: Coal City Police Pension Fund gained $59,777 in investment income in 2018
After projecting its investments would grow by 5.3 percent, the Coal City Police Pension Fund netted 1.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Coal City Police Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Coal City Police Pension Fund would have lost $161,320 in 2018, according to a Grundy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Coal City pays $6.84 for every $1 pensioners contribute to Coal City Police Pension Fund
Taxpayers contributed 87.2 percent of the $581,058 the Coal City Police Pension Fund brought in 2018, or $6.84 for every $1 from pension members.
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Report: 34.3% of Coal City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 34.3 percent of the Coal City Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Coal City Police Pension Fund gained $58,882 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Coal City Police Pension Fund netted 2.66 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 Coal City Police Pension Fund earns $69,782 per year
The Coal City Police Pension Fund had 11 active participants receiving an average salary of $69,782 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Coal City pays $3.75 for every $1 pensioners contribute to Coal City Police Pension Fund
Taxpayers contributed 79 percent of the $379,160 the Coal City Police Pension Fund brought in last year, or $3.75 for every $1 from pension members.
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Analysis: Coal City Police Pension Fund would go broke in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Coal City Police Pension Fund lost $125,704 in 2016, according to a Grundy Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Coal City police pension fund saw 45% 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 four funds serving cities in Grundy County.
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Report: 25.9% of Coal City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 25.9 percent of the Coal City Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Grundy County pension funds: Where do taxpayers contribute least?
Government pension funds in Coal City, Minooka and Morris depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Grundy County pension funds: Where do taxpayers contribute most?
Government pension funds in Morris, Minooka and Coal City depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 4 best funded pensions in Grundy County
Coal City, Minooka and Morris have government pension funds with the highest funding levels in Grundy County, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Coal City has a government pension fund that has one of the lowest funding levels in Illinois, according to the Illinois Department of Insurance.