Peru Police Pension Fund
Recent News About Peru Police Pension Fund
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Report: Peru Police Pension Fund gained $616,363 in investment income in 2018
After projecting its investments would grow by 6 percent, the Peru Police Pension Fund netted 6.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Peru Police Pension Fund would go bankrupt in 23 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Peru Police Pension Fund would have lost $397,263 in 2018, according to a Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: LaSalle pays $7.68 for every $1 pensioners contribute to Peru Police Pension Fund
Taxpayers contributed 88.5 percent of the $1,411,089 the Peru Police Pension Fund brought in 2018, or $7.68 for every $1 from pension members.
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Report: 42.1% of Peru Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.1 percent of the Peru Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Peru Police Pension Fund lost $39,314 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Peru Police Pension Fund lost 0.92 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 Peru Police Pension Fund earns $64,929 per year
The Peru Police Pension Fund had 25 active participants receiving an average salary of $64,929 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: LaSalle pays $5.70 for every $1 pensioners contribute to Peru Police Pension Fund
Taxpayers contributed 85.1 percent of the $1,085,269 the Peru Police Pension Fund brought in last year, or $5.70 for every $1 from pension members.
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Analysis: Peru Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Peru Police Pension Fund lost $954,334 in 2016, according to a Illinois Valley Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 46.4% of Peru Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 46.4 percent of the Peru 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: These 7 Illinois Valley pension funds would go bankrupt fastest without subsidies
Pension funds in Marseilles, Minooka and Morris would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Illinois Valley pension funds: Where do taxpayers contribute most?
Government pension funds in Ottawa, LaSalle and Streator depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Illinois Valley
Coal City, LaSalle and Streator have government pension funds with the lowest funding levels in Illinois Valley, according to the Illinois Department of Insurance.
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Analysis: Illinois Valley fire, police pension funds paid $9 million in benefits, made $400K on investments in 2016
Illinois Valley’s 21 police and fire pension funds paid out a total of $9,939,934 in benefits to 315 retirees and inactive recipients in 2016 while gaining $418,986 on their investments, according to an Illinois Valley Times analysis of the funds' mandated financial filings with the Illinois Department of Insurance.