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Chester Police Pension Fund
1330 Swanwick Street
Chester, IL 62233
Chester Police Pension Fund News
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After projecting its investments would grow by 6.00 percent, the Chester Police Pension Fund netted 0.66 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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The Chester Police Pension Fund had 9 active participants receiving an average salary of $50,970 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Taxpayers contributed 74.1 percent of the $177,481 the Chester Police Pension Fund brought in last year, or $2.86 for every $1 from pension members.
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With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 76.4 percent of the Chester Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Pension funds in Du Quoin, Chester and Pinckneyville would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Pension funds in Du Quoin and Chester would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Government pension funds in Chester, Pinckneyville and Du Quoin depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Government pension funds in Waterloo, Columbia and Du Quoin depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Government pension funds in Chester and Pinckneyville depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Chester, Columbia and Waterloo have government pension funds with the highest funding levels in SW Illinois, according to the Illinois Department of Insurance.
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Chester has a government pension fund with one of the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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Southwest Illinois’ 25 police and fire pension funds paid out a total of $15,163,370 in benefits to 366 retirees and inactive recipients in 2016 while losing $49,671 on their investments, according to a SW Illinois News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.
