Hillside Police Pension Fund
Recent News About Hillside Police Pension Fund
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Report: Hillside Police Pension Fund gained $1,003,446 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Hillside 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: Hillside Police Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Hillside Police Pension Fund would have lost $1,102,639 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: Hillside pays $6.14 for every $1 pensioners contribute to Hillside Police Pension Fund
Taxpayers contributed 85.8 percent of the $1,685,344 the Hillside Police Pension Fund brought in 2018, or $6.14 for every $1 from pension members.
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Report: 45% of Hillside Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45 percent of the Hillside 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 Hillside Police Pension Fund earns $95,881 per year
The Hillside Police Pension Fund had 26 active participants receiving an average salary of $95,881 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Hillside Police Pension Fund gained $223,339 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Hillside Police Pension Fund netted 0.92 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hillside pays $5.09 for every $1 pensioners contribute to Hillside Police Pension Fund
Taxpayers contributed 83.2 percent of the $1,528,338 the Hillside Police Pension Fund brought in last year, or $5.09 for every $1 from pension members.
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Analysis: Hillside Police Pension Fund would go broke in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Hillside Police Pension Fund lost $1,478,435 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: 48.1% of Hillside Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.1 percent of the Hillside 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: 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.
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Hillside Police Pension Fund Board to elect officers today
The Hillside Police Pension Fund Board of Trustees will certify election results for trustees and elect board officers at its next meeting at 4 p.m. today at the Administration Building, 425 N. Hillside Ave.