Granite City Police Pension Fund
Recent News About Granite City Police Pension Fund View More
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Report: Granite City Police Pension Fund gained $1,312,394 in investment income in 2018
After projecting its investments would grow by 6 percent, the Granite City Police Pension Fund netted 4.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Granite City Police Pension Fund would go bankrupt in 20 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Granite City Police Pension Fund would have lost $1,426,501 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: Granite City pays $27.55 for every $1 pensioners contribute to Granite City Police Pension Fund
Taxpayers contributed 96.5 percent of the $11,296,877 the Granite City Police Pension Fund brought in 2018, or $27.55 for every $1 from pension members.
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Report: 41.6% of Granite City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 41.6 percent of the Granite City Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Granite City Police Pension Fund lost $366,163 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Granite City Police Pension Fund lost 2.54 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 Granite City Police Pension Fund earns $72,016 per year
The Granite City Police Pension Fund had 56 active participants receiving an average salary of $72,016 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Granite City pays $3.28 for every $1 pensioners contribute to Granite City Police Pension Fund
Taxpayers contributed 76.6 percent of the $1,725,199 the Granite City Police Pension Fund brought in last year, or $3.28 for every $1 from pension members.
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Analysis: Granite City Police Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Granite City Police Pension Fund lost $2,663,951 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: 32.8% of Granite City Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 32.8 percent of the Granite 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: 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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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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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.