Normal Police Pension Fund
Recent News About Normal Police Pension Fund
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Report: Normal Police Pension Fund gained $3,131,074 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Normal Police Pension Fund netted 8.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Normal pays $3.16 for every $1 pensioners contribute to Normal Police Pension Fund
Taxpayers contributed 76 percent of the $2,733,987 the Normal Police Pension Fund brought in 2018, or $3.16 for every $1 from pension members.
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Report: 49.7% of Normal 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 Normal Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Normal Police Pension Fund lost $171,038 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Normal Police Pension Fund lost 0.68 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 Normal Police Pension Fund earns $75,497 per year
The Normal Police Pension Fund had 80 active participants receiving an average salary of $75,497 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Normal pays $2.88 for every $1 pensioners contribute to Normal Police Pension Fund
Taxpayers contributed 74.3 percent of the $2,342,341 the Normal Police Pension Fund brought in last year, or $2.88 for every $1 from pension members.
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Analysis: Normal Police Pension Fund would go broke in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Normal Police Pension Fund lost $2,866,978 in 2016, according to a McLean County Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Normal police pension fund saw 30% shortfall in city contribution in 2016
Of the 651 fire and police pension funds in Illinois, more than 400 were underfunded by cities in 2016, including five funds serving cities in McLean County.
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Report: 52.4% of Normal Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.4 percent of the Normal Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: These 3 McLean County pension funds would go bankrupt fastest without subsidies
Pension funds in Pontiac, Normal and Bloomington would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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McLean County pension funds: Where do taxpayers contribute least?
Government pension funds in Pontiac, Normal and Bloomington depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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McLean County pension funds: Where do taxpayers contribute most?
Government pension funds in Bloomington, Normal and Pontiac depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 6 best funded pensions in McLean County
Pontiac, Normal and Bloomington have government pension funds with the highest funding levels in McLean County, according to the Illinois Department of Insurance.
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Analysis: McLean County fire, police pension funds paid $14 million, lost $1.9 million on investments in 2016
McLean County’s four police and fire pension funds paid out a total of $14,770,208 in benefits to 281 retirees and inactive recipients in 2016 while losing $1.96 million on their investments, according to a McLean County Reporter analysis of the funds' mandated financial filings with the Illinois Department of Insurance.