Monticello Police Pension Fund
Recent News About Monticello Police Pension Fund
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Report: Monticello Police Pension Fund gained $9,518 in investment income in 2018
After projecting its investments would grow by 4.5 percent, the Monticello Police Pension Fund netted 0.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Monticello Police Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Monticello Police Pension Fund would have lost $153,280 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: Monticello pays $7.07 for every $1 pensioners contribute to Monticello Police Pension Fund
Taxpayers contributed 87.6 percent of the $241,230 the Monticello Police Pension Fund brought in 2018, or $7.07 for every $1 from pension members.
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Report: 31.8% of Monticello Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 31.8 percent of the Monticello Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Monticello Police Pension Fund gained $1,906 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Monticello Police Pension Fund netted 0.19 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 Monticello Police Pension Fund earns $47,872 per year
The Monticello Police Pension Fund had 5 active participants receiving an average salary of $47,872 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Monticello pays $7.06 for every $1 pensioners contribute to Monticello Police Pension Fund
Taxpayers contributed 87.6 percent of the $218,221 the Monticello Police Pension Fund brought in last year, or $7.06 for every $1 from pension members.
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Analysis: Monticello Police Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Monticello Police Pension Fund lost $155,408 in 2016, according to a Chambana Sun analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 35.2% of Monticello Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 35.2 percent of the Monticello 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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Rankings: 100 worst funded pensions in Illinois
Danville and Monticello have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.