Swansea Police Pension Fund
Recent News About Swansea Police Pension Fund View More
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Report: Swansea Police Pension Fund gained $300,150 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Swansea Police Pension Fund netted 2.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Swansea Police Pension Fund would go bankrupt in 23 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Swansea Police Pension Fund would have lost $537,593 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: Swansea pays $6.13 for every $1 pensioners contribute to Swansea Police Pension Fund
Taxpayers contributed 86 percent of the $1,289,541 the Swansea Police Pension Fund brought in 2018, or $6.13 for every $1 from pension members.
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Report: 74.4% of Swansea Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 74.4 percent of the Swansea Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Swansea Police Pension Fund gained $76,620 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Swansea Police Pension Fund netted 0.82 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 Swansea Police Pension Fund earns $72,583 per year
The Swansea Police Pension Fund had 20 active participants receiving an average salary of $72,583 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Swansea pays $5.13 for every $1 pensioners contribute to Swansea Police Pension Fund
Taxpayers contributed 83.7 percent of the $975,593 the Swansea Police Pension Fund brought in last year, or $5.13 for every $1 from pension members.
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Report: 82.7% of Swansea Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 82.7 percent of the Swansea Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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 best funded pensions in Metro East
Glen Carbon, Belleville and Swansea have government pension funds with the highest funding levels in Metro East, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Glen Carbon, Belleville and Swansea have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.