Spring Grove Police Pension Fund
Recent News About Spring Grove Police Pension Fund
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Report: Spring Grove Police Pension Fund gained $133,020 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Spring Grove Police Pension Fund netted 4.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Spring Grove Police Pension Fund would go bankrupt in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Spring Grove Police Pension Fund would have lost $217,855 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: Spring Grove pays $6.99 for every $1 pensioners contribute to Spring Grove Police Pension Fund
Taxpayers contributed 87.5 percent of the $386,880 the Spring Grove Police Pension Fund brought in 2018, or $6.99 for every $1 from pension members.
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Report: 58.2% of Spring Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.2 percent of the Spring Grove Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Spring Grove pays $6.44 for every $1 pensioners contribute to Spring Grove Police Pension Fund
Taxpayers contributed 86.6 percent of the $383,536 the Spring Grove Police Pension Fund brought in last year, or $6.44 for every $1 from pension members.
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Report: Spring Grove Police Pension Fund gained $83,344 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Spring Grove Police Pension Fund netted 3.32 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 Spring Grove Police Pension Fund earns $71,808 per year
The Spring Grove Police Pension Fund had 7 active participants receiving an average salary of $71,808 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 51.3% of Spring Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 51.3 percent of the Spring Grove 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 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.