Waukegan Police Pension Fund
Recent News About Waukegan Police Pension Fund
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Report: Waukegan Police Pension Fund gained $7,200,310 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Waukegan Police Pension Fund netted 7.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Waukegan pays $6.14 for every $1 pensioners contribute to Waukegan Police Pension Fund
Taxpayers contributed 85.6 percent of the $9,936,036 the Waukegan Police Pension Fund brought in 2018, or $6.14 for every $1 from pension members.
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Report: 49.8% of Waukegan Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.8 percent of the Waukegan Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Waukegan Police Pension Fund would go bankrupt in 88 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Waukegan Police Pension Fund would have lost $1,117,907 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 Waukegan Police Pension Fund earns $90,373 per year
The Waukegan Police Pension Fund had 150 active participants receiving an average salary of $90,373 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Waukegan Police Pension Fund gained $176,588 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Waukegan Police Pension Fund netted 0.05 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Waukegan pays $4.27 for every $1 pensioners contribute to Waukegan Police Pension Fund
Taxpayers contributed 80.9 percent of the $7,766,372 the Waukegan Police Pension Fund brought in last year, or $4.27 for every $1 from pension members.
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Analysis: Waukegan Police Pension Fund would go broke in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Waukegan Police Pension Fund lost $7,140,209 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: 49.5% of Waukegan Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.5 percent of the Waukegan 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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Lake County pension funds: Where do taxpayers contribute most?
Government pension funds in Waukegan, Highland Park and Libertyville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Waukegan, Highland Park and Libertyville depended most on taxpayer contributions to make ends meet in 2016, 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.