Harrisburg Police Pension Fund
Recent News About Harrisburg Police Pension Fund
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Report: Harrisburg Police Pension Fund gained $293,256 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Harrisburg 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: Harrisburg Police Pension Fund would go bankrupt in 24 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Harrisburg Police Pension Fund would have lost $241,010 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: Harrisburg pays $5.66 for every $1 pensioners contribute to Harrisburg Police Pension Fund
Taxpayers contributed 85 percent of the $491,653 the Harrisburg Police Pension Fund brought in 2018, or $5.66 for every $1 from pension members.
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Report: 49.3% of Harrisburg Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.3 percent of the Harrisburg Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Harrisburg Police Pension Fund gained $127,563 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Harrisburg Police Pension Fund lost 1.16 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 Harrisburg Police Pension Fund earns $57,016 per year
The Harrisburg Police Pension Fund had 13 active participants receiving an average salary of $57,016 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Harrisburg pays $5.39 for every $1 pensioners contribute to Harrisburg Police Pension Fund
Taxpayers contributed 84.4 percent of the $512,491 the Harrisburg Police Pension Fund brought in last year, or $5.39 for every $1 from pension members.
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Analysis: Harrisburg Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Harrisburg Police Pension Fund lost $572,651 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: 53.3% of Harrisburg Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.3 percent of the Harrisburg Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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.