Lyons Police Pension Fund
Recent News About Lyons Police Pension Fund
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Report: Lyons Police Pension Fund lost $275,729 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Lyons Police Pension Fund lost 3.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lyons Police Pension Fund would go bankrupt in five years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lyons Police Pension Fund would have lost $2,018,157 in 2018, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lyons pays $14.11 for every $1 pensioners contribute to Lyons Police Pension Fund
Taxpayers contributed 93.4 percent of the $1,164,700 the Lyons Police Pension Fund brought in 2018, or $14.11 for every $1 from pension members.
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Report: 28.8% of Lyons Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 28.8 percent of the Lyons 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 Lyons Police Pension Fund earns $94,681 per year
The Lyons Police Pension Fund had 12 active participants receiving an average salary of $94,681 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Lyons Police Pension Fund gained $300,715 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Lyons Police Pension Fund netted 3.00 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lyons pays $7.30 for every $1 pensioners contribute to Lyons Police Pension Fund
Taxpayers contributed 88 percent of the $985,350 the Lyons Police Pension Fund brought in last year, or $7.30 for every $1 from pension members.
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Analysis: Lyons Police Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Lyons Police Pension Fund lost $1,205,932 in 2016, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 37.1% of Lyons Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 37.1 percent of the Lyons Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Rankings: 100 worst funded pensions in Illinois
Chicago, Lyons and Stone Park have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: West Cook County fire, police pension funds paid $97 million, lost $4.1 million on investments in 2016
Western Cook County’s 53 police and fire pension funds paid out a total of $97,778,122 in benefits to 1,894 retirees and inactive recipients in 2016 while losing $4,160,610 on their investments, according to a West Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.