Carmi Police Pension Fund
Recent News About Carmi Police Pension Fund
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City of Carmi City Council met April 3
City of Carmi City Council met Monday, April 3
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Report: Carmi Police Pension Fund lost $7,074 in investment income in 2018
After projecting its investments would grow by 5.5 percent, the Carmi Police Pension Fund lost 0.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Carmi Police Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Carmi Police Pension Fund would have lost $385,555 in 2018, according to a SE Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Carmi pays $6.79 for every $1 pensioners contribute to Carmi Police Pension Fund
Taxpayers contributed 87.2 percent of the $411,245 the Carmi Police Pension Fund brought in 2018, or $6.79 for every $1 from pension members.
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Report: 39% of Carmi Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 39 percent of the Carmi Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Carmi Police Pension Fund gained $24,293 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Carmi Police Pension Fund netted 0.87 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 Carmi Police Pension Fund earns $52,400 per year
The Carmi Police Pension Fund had 9 active participants receiving an average salary of $52,400 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Carmi pays $5.21 for every $1 pensioners contribute to Carmi Police Pension Fund
Taxpayers contributed 81.9 percent of the $351,478 the Carmi Police Pension Fund brought in last year, or $5.21 for every $1 from pension members.
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Analysis: Carmi Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Carmi Police Pension Fund lost $344,910 in 2016, according to a SE Illinois News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 45.8% of Carmi Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.8 percent of the Carmi 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: These 5 SE Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Eldorado, Mount Carmel and Fairfield 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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SE Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Eldorado, Fairfield and Harrisburg depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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SE Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Harrisburg, Fairfield and Carmi depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 6 best funded pensions in SE Illinois
Harrisburg, Eldorado and Fairfield have government pension funds with the highest funding levels in SE Illinois, according to the Illinois Department of Insurance.
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Analysis: Southeast Illinois fire, police pension funds paid $1.7 million, made $500K on investments in 2016
Southeast Illinois’ six police and fire pension funds paid out a total of $1,707,050 in benefits to 44 retirees and inactive recipients in 2016 while making $509,320 on their investments, according to a SE Illinois News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.