Madison Police Pension Fund
Recent News About Madison Police Pension Fund
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Report: Madison Police Pension Fund gained $5,839 in investment income in 2018
After projecting its investments would grow by 4.5 percent, the Madison Police Pension Fund lost 0.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Madison Police Pension Fund would go bankrupt in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Madison Police Pension Fund would have lost $404,295 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: Madison pays $3.06 for every $1 pensioners contribute to Madison Police Pension Fund
Taxpayers contributed 75.4 percent of the $454,998 the Madison Police Pension Fund brought in 2018, or $3.06 for every $1 from pension members.
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Report: 16.2% of Madison Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 16.2 percent of the Madison Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Madison Police Pension Fund earns $61,889 per year
The Madison Police Pension Fund had 12 active participants receiving an average salary of $61,889 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Madison Police Pension Fund gained $14,209 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Madison Police Pension Fund netted 0.33 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Madison pays $5.23 for every $1 pensioners contribute to Madison Police Pension Fund
Taxpayers contributed 84 percent of the $409,137 the Madison Police Pension Fund brought in last year, or $5.23 for every $1 from pension members.
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Analysis: Madison Police Pension Fund would go broke in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Madison Police Pension Fund lost $410,084 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: 18.7% of Madison Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 18.7 percent of the Madison Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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.