Pana Police Pension Fund
Recent News About Pana Police Pension Fund
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Report: Pana Police Pension Fund gained $139,134 in investment income in 2018
After projecting its investments would grow by 5.5 percent, the Pana Police Pension Fund netted 4.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pana Police Pension Fund would go bankrupt in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Pana Police Pension Fund would have lost $293,825 in 2018, according to a South Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pana pays $8.81 for every $1 pensioners contribute to Pana Police Pension Fund
Taxpayers contributed 89.8 percent of the $448,089 the Pana Police Pension Fund brought in 2018, or $8.81 for every $1 from pension members.
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Report: 38% of Pana Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 38 percent of the Pana Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Pana Police Pension Fund gained $3,308 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Pana Police Pension Fund lost 0.36 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 Pana Police Pension Fund earns $50,331 per year
The Pana Police Pension Fund had 9 active participants receiving an average salary of $50,331 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Pana pays $4.85 for every $1 pensioners contribute to Pana Police Pension Fund
Taxpayers contributed 82.9 percent of the $327,705 the Pana Police Pension Fund brought in last year, or $4.85 for every $1 from pension members.
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Analysis: Pana Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Pana Police Pension Fund lost $322,100 in 2016, according to a South Central Reporter analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 42.3% of Pana Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.3 percent of the Pana Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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South Central Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Staunton, Centralia and Vandalia depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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South Central Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Centralia, Litchfield and Taylorville depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in South Central Illinois
Pana, Staunton and Centralia have government pension funds with the lowest funding levels in South Central Illinois, according to the Illinois Department of Insurance.