Round Lake Beach Police Pension Fund
Recent News About Round Lake Beach Police Pension Fund
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Report: Round Lake Beach Police Pension Fund gained $1,394,428 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Round Lake Beach Police Pension Fund netted 6.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Round Lake Beach pays $2.17 for every $1 pensioners contribute to Round Lake Beach Police Pension Fund
Taxpayers contributed 66.7 percent of the $1,753,057 the Round Lake Beach Police Pension Fund brought in 2018, or $2.17 for every $1 from pension members.
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Report: 69.3% of Round Lake Beach Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.3 percent of the Round Lake Beach Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Round Lake Beach Police Pension Fund would go bankrupt in 151 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Round Lake Beach Police Pension Fund would have lost $147,318 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: Round Lake Beach Police Pension Fund lost $7,679 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Round Lake Beach Police Pension Fund lost 0.25 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 Round Lake Beach Police Pension Fund earns $83,244 per year
The Round Lake Beach Police Pension Fund had 40 active participants receiving an average salary of $83,244 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Round Lake Beach pays $3.03 for every $1 pensioners contribute to Round Lake Beach Police Pension Fund
Taxpayers contributed 75.2 percent of the $1,271,682 the Round Lake Beach Police Pension Fund brought in last year, or $3.03 for every $1 from pension members.
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Analysis: Round Lake Beach Police Pension Fund would go broke in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Round Lake Beach Police Pension Fund lost $1,131,603 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: 72.7% of Round Lake Beach Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 72.7 percent of the Round Lake Beach 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: 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.