Zion Police Pension Fund
Recent News About Zion Police Pension Fund
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Report: Zion Police Pension Fund gained $2,240,657 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Zion Police Pension Fund netted 7.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Zion pays $3.08 for every $1 pensioners contribute to Zion Police Pension Fund
Taxpayers contributed 75.5 percent of the $1,770,332 the Zion Police Pension Fund brought in 2018, or $3.08 for every $1 from pension members.
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Report: 52.1% of Zion Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.1 percent of the Zion Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Zion Police Pension Fund would go bankrupt in 66 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Zion Police Pension Fund would have lost $457,483 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: Zion Police Pension Fund lost $292,919 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Zion Police Pension Fund lost 1.47 percent on its investments in 2016, according to 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.