Kankakee Police Pension Fund
Recent News About Kankakee Police Pension Fund View More
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Report: Kankakee Police Pension Fund gained $1,541,536 in investment income in 2018
After projecting its investments would grow by 6 percent, the Kankakee Police Pension Fund netted 6.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Kankakee Police Pension Fund would go bankrupt in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Kankakee Police Pension Fund would have lost $1,446,347 in 2018, according to a Kankakee Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Kankakee pays $5.57 for every $1 pensioners contribute to Kankakee Police Pension Fund
Taxpayers contributed 84.8 percent of the $3,191,319 the Kankakee Police Pension Fund brought in 2018, or $5.57 for every $1 from pension members.
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Report: 30.5% of Kankakee Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 30.5 percent of the Kankakee 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 Kankakee Police Pension Fund earns $73,305 per year
The Kankakee Police Pension Fund had 68 active participants receiving an average salary of $73,305 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Kankakee Police Pension Fund lost $192,445 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Kankakee Police Pension Fund lost 1.72 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Kankakee pays $5.27 for every $1 pensioners contribute to Kankakee Police Pension Fund
Taxpayers contributed 84.1 percent of the $3,299,414 the Kankakee Police Pension Fund brought in last year, or $5.27 for every $1 from pension members.
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Analysis: Kankakee Police Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Kankakee Police Pension Fund lost $2,925,292 in 2016, according to a Kankakee Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 34.8% of Kankakee Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 34.8 percent of the Kankakee Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Kankakee County pension funds: Where do taxpayers contribute least?
Government pension funds in Bradley, Bourbonnais and Manteno depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Kankakee County pension funds: Where do taxpayers contribute most?
Government pension funds in Kankakee, Bradley and Watseka depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
A government pension fund in Kankakee depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 8 best funded pensions in Kankakee County
Manteno, Bourbonnais and Bradley have government pension funds with the highest funding levels in Kankakee County, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Watseka and Kankakee have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: Kankakee County fire, police pension funds paid $7 million, lost $500K on investments in 2016
Kankakee County's eight police and fire pension funds paid out $7.1 million in benefits to 186 retirees and inactive recipients in 2016 while losing $512,687 on their investments, according to a Kankakee Times analysis of the funds' mandated financial filings with the Illinois Department of Insurance.