Mahomet Police Pension Fund
Recent News About Mahomet Police Pension Fund
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Village of Mahomet Board of Trustees met April 25
Village of Mahomet Board of Trustees met Tuesday, April 25
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Village of Mahomet Board of Trustees met April 25
Village of Mahomet Board of Trustees met Tuesday, April 25
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Report: Mahomet Police Pension Fund gained $764 in investment income in 2018
After projecting its investments would grow by 5 percent, the Mahomet Police Pension Fund lost 0.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mahomet Police Pension Fund would go bankrupt in 39 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Mahomet Police Pension Fund would have lost $41,139 in 2018, according to a Chambana Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mahomet pays $4.18 for every $1 pensioners contribute to Mahomet Police Pension Fund
Taxpayers contributed 79.9 percent of the $245,327 the Mahomet Police Pension Fund brought in 2018, or $4.18 for every $1 from pension members.
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Report: 70.2% of Mahomet Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 70.2 percent of the Mahomet Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Mahomet Police Pension Fund gained $12,138 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Mahomet Police Pension Fund netted 0.95 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 Mahomet Police Pension Fund earns $56,209 per year
The Mahomet Police Pension Fund had 7 active participants receiving an average salary of $56,209 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Mahomet pays $3.70 for every $1 pensioners contribute to Mahomet Police Pension Fund
Taxpayers contributed 78.8 percent of the $183,618 the Mahomet Police Pension Fund brought in last year, or $3.70 for every $1 from pension members.
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Report: 64% of Mahomet Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 64 percent of the Mahomet Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Greater C-U pension funds: Where do taxpayers contribute least?
Government pension funds in Hoopeston, Mahomet and Monticello depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Greater C-U pension funds: Where do taxpayers contribute most?
Government pension funds in Champaign, Danville and Urbana depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute least?
Government pension funds in Hoopeston, Mahomet and Monticello 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 Greater C-U
Danville, Monticello and Mahomet have government pension funds with the lowest funding levels in Greater C-U, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in Greater C-U
Urbana, Champaign and Rantoul have government pension funds with the highest funding levels in Greater C-U, according to the Illinois Department of Insurance.
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Analysis: Champaign County fire, police pension funds paid $16 million, made $4.4 million on investments in 2016
Champaign County’s eight police and fire pension funds paid out a total of $16,608,195 in benefits to 345 retirees and inactive recipients in 2016 while making $4.47 million on their investments, according to a Chambana Sun analysis of the funds' mandated financial filings with the Illinois Department of Insurance.