Alton Police Pension Fund
Recent News About Alton Police Pension Fund
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Report: Alton Police Pension Fund gained $2,135,966 in investment income in 2018
After projecting its investments would grow by 6 percent, the Alton Police Pension Fund netted 8.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Alton Police Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Alton Police Pension Fund would have lost $2,071,118 in 2018, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Alton pays $6.71 for every $1 pensioners contribute to Alton Police Pension Fund
Taxpayers contributed 87 percent of the $3,449,541 the Alton Police Pension Fund brought in 2018, or $6.71 for every $1 from pension members.
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Report: 27.6% of Alton Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 27.6 percent of the Alton Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Alton Police Pension Fund Board met November 20.
Alton Police Pension Fund Board met Tuesday, Nov. 20.
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Alton Police Pension Fund met July 24.
Alton Police Pension Fund met Tuesday, July 24.
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Report: Alton Police Pension Fund lost $514,802 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Alton Police Pension Fund lost 2.69 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 Alton Police Pension Fund earns $74,025 per year
The Alton Police Pension Fund had 57 active participants receiving an average salary of $74,025 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Alton pays $7.31 for every $1 pensioners contribute to Alton Police Pension Fund
Taxpayers contributed 86.9 percent of the $3,531,426 the Alton Police Pension Fund brought in last year, or $7.31 for every $1 from pension members.
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Analysis: Alton Police Pension Fund would go broke in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Alton Police Pension Fund lost $4,141,025 in 2016, according to a Metro East Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 32.4% of Alton Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 32.4 percent of the Alton 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: This Metro East pension fund sustains itself without subsidies
Pension funds in Alton 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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Analysis: Which Metro East pension funds would go bankrupt fastest without subsidies?
Pension funds in Collinsville, Fairview Heights and Glen Carbon 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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Alton Police Pension Fund Board will meet April 3
Alton Police Pension Fund Board will meet at 10 a.m. Tuesday, April 3.
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Metro East pension funds: Where do taxpayers contribute most?
Government pension funds in Alton, Belleville and Granite City 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 Alton and Belleville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in Metro East
East Saint Louis, Madison and Centreville have government pension funds with the lowest funding levels in Metro East, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
East Saint Louis, Madison and Centreville have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Alton Police Pension Fund Board accepts financial report
The city of Alton Police Pension Fund Board met Oct. 25 to accept financial report for audit.