McHenry Police Pension Fund
Recent News About McHenry Police Pension Fund
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Report: Mchenry Police Pension Fund gained $2,247,122 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Mchenry Police Pension Fund netted 8.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: McHenry pays $4.56 for every $1 pensioners contribute to Mchenry Police Pension Fund
Taxpayers contributed 82 percent of the $2,278,213 the Mchenry Police Pension Fund brought in 2018, or $4.56 for every $1 from pension members.
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Report: 52.5% of Mchenry Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.5 percent of the Mchenry Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: McHenry pays $2.70 for every $1 pensioners contribute to Mchenry Police Pension Fund
Taxpayers contributed 73 percent of the $1,899,316 the Mchenry Police Pension Fund brought in last year, or $2.70 for every $1 from pension members.
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Report: Mchenry Police Pension Fund lost $208,004 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Mchenry Police Pension Fund lost 1.10 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 Mchenry Police Pension Fund earns $86,239 per year
The Mchenry Police Pension Fund had 45 active participants receiving an average salary of $86,239 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mchenry Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Mchenry Police Pension Fund lost $2,305,130 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: 53.8% of Mchenry Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.8 percent of the Mchenry Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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McHenry County pension funds: Where do taxpayers contribute most?
Government pension funds in Crystal Lake, Fox River Grove and McHenry depended most 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.