Alerts Sign-up
Genoa Police Pension Fund
333 East 1st Street
Genoa, IL 60135
Genoa Police Pension Fund News
-
After projecting its investments would grow by 5.00 percent, the Genoa Police Pension Fund netted 1.64 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
The Genoa Police Pension Fund had 7 active participants receiving an average salary of $65,657 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Taxpayers contributed 84.2 percent of the $263,014 the Genoa Police Pension Fund brought in last year, or $5.34 for every $1 from pension members.
-
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 30.2 percent of the Genoa Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Government pension funds in Hinckley, Genoa and Sandwich depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
Government pension funds in DeKalb, Sycamore and Sandwich depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
Sycamore, Sandwich and Hinckley have government pension funds with the highest funding levels in DeKalb County, according to the Illinois Department of Insurance.
-
Genoa and DeKalb have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
-
DeKalb County's seven police and fire pension funds paid out $7.45 million in benefits to 151 retirees and inactive recipients in 2016 while losing $770,396 on their investments, according to a DeKalb Times analysis of the funds' mandated financial filings with the Illinois Department of Insurance.
