Franklin Park Police Pension Fund
Recent News About Franklin Park Police Pension Fund
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Village of Franklin Park Police Pension Fund Board of Trustees met July 24
Village of Franklin Park Police Pension Fund Board of Trustees met Monday, July 24
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Report: Franklin Park Police Pension Fund gained $1,714,128 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Franklin Park Police Pension Fund netted 6.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Franklin Park Police Pension Fund would go bankrupt in 23 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Franklin Park Police Pension Fund would have lost $1,176,134 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: Franklin Park pays $4.52 for every $1 pensioners contribute to Franklin Park Police Pension Fund
Taxpayers contributed 82.4 percent of the $2,274,009 the Franklin Park Police Pension Fund brought in 2018, or $4.52 for every $1 from pension members.
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Report: 42.8% of Franklin Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.8 percent of the Franklin 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 Franklin Park Police Pension Fund earns $87,601 per year
The Franklin Park Police Pension Fund had 48 active participants receiving an average salary of $87,601 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Franklin Park Police Pension Fund gained $328,251 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Franklin Park Police Pension Fund netted 1.31 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Franklin Park pays $4.38 for every $1 pensioners contribute to Franklin Park Police Pension Fund
Taxpayers contributed 81.3 percent of the $2,176,293 the Franklin Park Police Pension Fund brought in last year, or $4.38 for every $1 from pension members.
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Analysis: Franklin Park Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Franklin Park Police Pension Fund lost $2,173,188 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: 43.6% of Franklin Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 43.6 percent of the Franklin 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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West Suburbs pension funds: Where do taxpayers contribute most?
Government pension funds in Cicero, Oak Park and Maywood depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Franklin Park Police Pension Fund Board of Trustees met April 25.
Franklin Park Police Pension Fund Board of Trustees met at 5 p.m. Tuesday, April 25.