Watseka Police Pension Fund
Recent News About Watseka Police Pension Fund
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Report: Watseka Police Pension Fund gained $53,835 in investment income in 2018
After projecting its investments would grow by 5.5 percent, the Watseka Police Pension Fund netted 2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Watseka Police Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Watseka Police Pension Fund would have lost $403,718 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: Watseka pays $4.28 for every $1 pensioners contribute to Watseka Police Pension Fund
Taxpayers contributed 81.1 percent of the $302,783 the Watseka Police Pension Fund brought in 2018, or $4.28 for every $1 from pension members.
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Report: 30.5% of Watseka 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 Watseka Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Watseka Police Pension Fund gained $26,780 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Watseka 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 Watseka Police Pension Fund earns $54,714 per year
The Watseka Police Pension Fund had 9 active participants receiving an average salary of $54,714 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Watseka pays $13.06 for every $1 pensioners contribute to Watseka Police Pension Fund
Taxpayers contributed 92.9 percent of the $765,033 the Watseka Police Pension Fund brought in last year, or $13.06 for every $1 from pension members.
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Analysis: Watseka Police Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Watseka Police Pension Fund lost $355,081 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% of Watseka Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 34 percent of the Watseka 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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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.