Marengo Police Pension Fund
Recent News About Marengo Police Pension Fund
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Report: Marengo Police Pension Fund gained $286,819 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Marengo Police Pension Fund netted 5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marengo Police Pension Fund would go bankrupt in 28 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Marengo Police Pension Fund would have lost $202,199 in 2018, according to a McHenry Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marengo pays $4.23 for every $1 pensioners contribute to Marengo Police Pension Fund
Taxpayers contributed 80.7 percent of the $513,159 the Marengo Police Pension Fund brought in 2018, or $4.23 for every $1 from pension members.
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Report: 42.6% of Marengo Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.6 percent of the Marengo Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marengo pays $2.38 for every $1 pensioners contribute to Marengo Police Pension Fund
Taxpayers contributed 70.1 percent of the $370,252 the Marengo Police Pension Fund brought in last year, or $2.38 for every $1 from pension members.
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Report: Marengo Police Pension Fund gained $77,305 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Marengo Police Pension Fund netted 1.35 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 Marengo Police Pension Fund earns $75,997 per year
The Marengo Police Pension Fund had 14 active participants receiving an average salary of $75,997 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Marengo Police Pension Fund would go broke in 19 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Marengo Police Pension Fund lost $260,594 in 2016, according to a McHenry Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 44% of Marengo Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44 percent of the Marengo 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: This McHenry County pension fund sustains itself without subsidies
A pension fund in Lake in the Hills could sustain itself longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Which McHenry County pension funds would go bankrupt fastest without subsidies?
Pension funds in Woodstock, Huntley and Crystal Lake 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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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Woodstock, Huntley and Crystal Lake 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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McHenry County pension funds: Where do taxpayers contribute least?
Government pension funds in McHenry, Johnsburg and Spring Grove 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 McHenry County
Fox River Grove, Johnsburg and Marengo have government pension funds with the lowest funding levels in McHenry County, according to the Illinois Department of Insurance.
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Analysis: McHenry County fire, police pension funds paid $12 million, made $287K on investments in 2016
McHenry County’s 19 police and fire pension funds paid out a total of $12,565,540 in benefits to 246 retirees and inactive recipients in 2016 while gaining $287,890 on their investments, according to a McHenry Times analysis of the funds' mandated financial filings with the Illinois Department of Insurance.