Park City Police Pension Fund
Recent News About Park City Police Pension Fund
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Report: Park City Police Pension Fund gained $19,159 in investment income in 2018
After projecting its investments would grow by 4.5 percent, the Park City Police Pension Fund netted 0.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Park City pays $4.67 for every $1 pensioners contribute to Park City Police Pension Fund
Taxpayers contributed 82.4 percent of the $437,020 the Park City Police Pension Fund brought in 2018, or $4.67 for every $1 from pension members.
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Report: 23% of Park City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 23 percent of the Park City Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Park City Police Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Park City Police Pension Fund would have lost $251,409 in 2018, 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: Average pensioner in Park City Police Pension Fund earns $75,862 per year
The Park City Police Pension Fund had 8 active participants receiving an average salary of $75,862 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Park City Police Pension Fund gained $36,975 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Park City Police Pension Fund netted 2.29 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Park City pays $5.90 for every $1 pensioners contribute to Park City Police Pension Fund
Taxpayers contributed 85.5 percent of the $421,009 the Park City Police Pension Fund brought in last year, or $5.90 for every $1 from pension members.
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Analysis: Park City Police Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Park City Police Pension Fund lost $227,237 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: 21.2% of Park City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 21.2 percent of the Park 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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Analysis: These 4 Lake County pension funds sustain themselves without subsidies
Pension funds in Lake Zurich, Lincolnshire and Long Grove could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Lake County
Lake Villa, Park City and Round Lake Park have government pension funds with the lowest funding levels in Lake County, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Lake Villa, Park City and Round Lake Park have government pension funds with the lowest funding levels in Illinois, according 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.