Genoa Police Pension Fund
Recent News About Genoa Police Pension Fund
-
Report: Genoa Police Pension Fund gained $52,411 in investment income in 2018
After projecting its investments would grow by 4.5 percent, the Genoa Police Pension Fund netted 2.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Genoa Police Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Genoa Police Pension Fund would have lost $123,465 in 2018, according to a DeKalb Times analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Genoa pays $8.86 for every $1 pensioners contribute to Genoa Police Pension Fund
Taxpayers contributed 89.9 percent of the $392,800 the Genoa Police Pension Fund brought in 2018, or $8.86 for every $1 from pension members.
-
Report: 30.5% of Genoa Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 30.5 percent of the Genoa Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Genoa Police Pension Fund gained $24,864 in investment income in 2016
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.
-
Report: Average pensioner in Genoa Police Pension Fund earns $65,657 per year
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.
-
Analysis: Genoa pays $5.34 for every $1 pensioners contribute to Genoa Police Pension Fund
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.
-
Report: 30.2% of Genoa Police Pension Fund is funded
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.
-
DeKalb County pension funds: Where do taxpayers contribute least?
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.
-
DeKalb County pension funds: Where do taxpayers contribute most?
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.
-
Rankings: 6 best funded pensions in DeKalb County
Sycamore, Sandwich and Hinckley have government pension funds with the highest funding levels in DeKalb County, according to the Illinois Department of Insurance.
-
Rankings: 100 worst funded pensions in Illinois
Genoa and DeKalb have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
-
Analysis: DeKalb County fire, police pension funds paid $7.45 million, lost $770K on investments in 2016
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.