Mount Carmel Police Pension Fund
Recent News About Mount Carmel Police Pension Fund
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Report: Mount Carmel Police Pension Fund gained $148,849 in investment income in 2018
After projecting its investments would grow by 5.5 percent, the Mount Carmel Police Pension Fund netted 4.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Carmel Police Pension Fund would go bankrupt in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mount Carmel Police Pension Fund would have lost $364,073 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: Mount Carmel pays $4.96 for every $1 pensioners contribute to Mount Carmel Police Pension Fund
Taxpayers contributed 83.2 percent of the $305,217 the Mount Carmel Police Pension Fund brought in 2018, or $4.96 for every $1 from pension members.
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Report: 44.4% of Mount Carmel Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.4 percent of the Mount Carmel Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mount Carmel Police Pension Fund gained $37,803 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Mount Carmel Police Pension Fund netted 1.05 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 Mount Carmel Police Pension Fund earns $44,824 per year
The Mount Carmel Police Pension Fund had 12 active participants receiving an average salary of $44,824 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mount Carmel pays $4.40 for every $1 pensioners contribute to Mt Carmel Police Pension Fund
Taxpayers contributed 81.5 percent of the $279,520 the Mt Carmel Police Pension Fund brought in last year, or $4.40 for every $1 from pension members.
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Analysis: Mount Carmel Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Mount Carmel Police Pension Fund lost $368,721 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: 49.7% of Mt Carmel Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.7 percent of the Mt Carmel Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.