Salem Police Pension Fund
Recent News About Salem Police Pension Fund View More
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Report: Salem Police Pension Fund gained $281,191 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Salem Police Pension Fund netted 5.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Salem Police Pension Fund would go bankrupt in 25 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Salem Police Pension Fund would have lost $222,584 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: Centralia pays $5.67 for every $1 pensioners contribute to Salem Police Pension Fund
Taxpayers contributed 85 percent of the $615,724 the Salem Police Pension Fund brought in 2018, or $5.67 for every $1 from pension members.
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Report: 46.3% of Salem Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 46.3 percent of the Salem Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Salem Police Pension Fund Board met October 22.
Salem Police Pension Fund Board met Monday, Oct. 22.
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Report: Salem Police Pension Fund lost $125,058 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Salem Police Pension Fund lost 2.51 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 Salem Police Pension Fund earns $59,362 per year
The Salem Police Pension Fund had 15 active participants receiving an average salary of $59,362 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Centralia pays $1.57 for every $1 pensioners contribute to Salem Police Pension Fund
Taxpayers contributed 61.2 percent of the $239,113 the Salem Police Pension Fund brought in last year, or $1.57 for every $1 from pension members.
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Analysis: Salem Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Salem Police Pension Fund lost $627,423 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: 48.4% of Salem Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.4 percent of the Salem 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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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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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.