Schiller Park Police Pension Fund
Recent News About Schiller Park Police Pension Fund View More
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Report: Schiller Park Police Pension Fund gained $1,022,934 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Schiller Park Police Pension Fund netted 5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schiller Park Police Pension Fund would go bankrupt in 15 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Schiller Park Police Pension Fund would have lost $1,277,222 in 2018, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schiller Park pays $7.20 for every $1 pensioners contribute to Schiller Park Police Pension Fund
Taxpayers contributed 87.6 percent of the $2,395,264 the Schiller Park Police Pension Fund brought in 2018, or $7.20 for every $1 from pension members.
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Report: 43% of Schiller Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 43 percent of the Schiller Park Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Schiller Park Police Pension Fund earns $88,011 per year
The Schiller Park Police Pension Fund had 32 active participants receiving an average salary of $88,011 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Schiller Park Police Pension Fund lost $343,576 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Schiller Park Police Pension Fund lost 2.87 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schiller Park pays $4.90 for every $1 pensioners contribute to Schiller Park Police Pension Fund
Taxpayers contributed 83.2 percent of the $1,715,009 the Schiller Park Police Pension Fund brought in last year, or $4.90 for every $1 from pension members.
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Analysis: Schiller Park Police Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Schiller Park Police Pension Fund lost $2,137,276 in 2016, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 45.7% of Schiller Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.7 percent of the Schiller Park Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: This West Suburban pension fund sustains itself without subsidies
A pension funds in Northlake could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: West Cook County fire, police pension funds paid $97 million, lost $4.1 million on investments in 2016
Western Cook County’s 53 police and fire pension funds paid out a total of $97,778,122 in benefits to 1,894 retirees and inactive recipients in 2016 while losing $4,160,610 on their investments, according to a West Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.