McCook Police Pension Fund
Recent News About McCook Police Pension Fund
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Report: Mccook Police Pension Fund lost $426,375 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Mccook Police Pension Fund lost 4.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mccook Police Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mccook Police Pension Fund would have lost $1,360,557 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: McCook pays $8.80 for every $1 pensioners contribute to Mccook Police Pension Fund
Taxpayers contributed 89.8 percent of the $1,670,414 the Mccook Police Pension Fund brought in 2018, or $8.80 for every $1 from pension members.
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Report: 56.1% of Mccook Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.1 percent of the Mccook 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 Mccook Police Pension Fund earns $89,037 per year
The Mccook Police Pension Fund had 18 active participants receiving an average salary of $89,037 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mccook Police Pension Fund gained $516,016 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Mccook Police Pension Fund netted 5.09 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: McCook pays $5.35 for every $1 pensioners contribute to Mccook Police Pension Fund
Taxpayers contributed 84.3 percent of the $949,310 the Mccook Police Pension Fund brought in last year, or $5.35 for every $1 from pension members.
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Report: 51.5% of Mccook Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 51.5 percent of the Mccook Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.