Forest Park Police Pension Fund
Recent News About Forest Park Police Pension Fund
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Report: Forest Park Police Pension Fund gained $532,804 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Forest Park Police Pension Fund netted 2.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Forest Park Police Pension Fund would go bankrupt in 16 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Forest Park Police Pension Fund would have lost $1,391,781 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: Forest Park pays $3.01 for every $1 pensioners contribute to Forest Park Police Pension Fund
Taxpayers contributed 74.2 percent of the $1,413,608 the Forest Park Police Pension Fund brought in 2018, or $3.01 for every $1 from pension members.
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Report: 45.8% of Forest Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.8 percent of the Forest 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 Forest Park Police Pension Fund earns $88,984 per year
The Forest Park Police Pension Fund had 38 active participants receiving an average salary of $88,984 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Forest Park Police Pension Fund gained $480,532 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Forest Park Police Pension Fund netted 2.29 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Forest Park pays $2.69 for every $1 pensioners contribute to Forest Park Police Pension Fund
Taxpayers contributed 73.1 percent of the $1,177,721 the Forest Park Police Pension Fund brought in last year, or $2.69 for every $1 from pension members.
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Analysis: Forest Park Police Pension Fund would go broke in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Forest Park Police Pension Fund lost $1,283,039 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: 52.5% of Forest Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.5 percent of the Forest 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: These 20 West Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Berwyn, Brookfield and Hodgkins 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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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Berwyn, Brookfield and Hodgkins 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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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.