Mundelein Police Pension Fund
Recent News About Mundelein Police Pension Fund
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Report: Mundelein Police Pension Fund gained $2,520,712 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Mundelein Police Pension Fund netted 8.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mundelein pays $2.81 for every $1 pensioners contribute to Mundelein Police Pension Fund
Taxpayers contributed 73.6 percent of the $1,950,683 the Mundelein Police Pension Fund brought in 2018, or $2.81 for every $1 from pension members.
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Report: 52.7% of Mundelein Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.7 percent of the Mundelein Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mundelein Police Pension Fund gained $357,147 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Mundelein Police Pension Fund netted 0.94 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 Mundelein Police Pension Fund earns $89,430 per year
The Mundelein Police Pension Fund had 53 active participants receiving an average salary of $89,430 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mundelein pays $2.59 for every $1 pensioners contribute to Mundelein Police Pension Fund
Taxpayers contributed 72 percent of the $1,812,608 the Mundelein Police Pension Fund brought in last year, or $2.59 for every $1 from pension members.
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Analysis: Mundelein Police Pension Fund would go broke in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Mundelein Police Pension Fund lost $1,543,374 in 2016, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 56.7% of Mundelein Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.7 percent of the Mundelein 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 20 Lake County pension funds would go bankrupt fastest without subsidies
Pension funds in Lake Zurich, Beach Park and Lindenhurst 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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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Lake Zurich, Beach Park and Lindenhurst 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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Analysis: Lake County fire, police pension funds paid $67 million, made $618K on investments in 2016
Fifty-one of the 54 Lake County police and fire pension funds paid out a total of $67,965,895 in benefits to 1,310 retirees and inactive recipients in 2016 while gaining $618,166 on their investments, according to a Lake County Gazette analysis of the funds' mandated financial filings with the Illinois Department of Insurance.