Hodgkins Police Pension Fund
Recent News About Hodgkins Police Pension Fund
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Report: Hodgkins Police Pension Fund lost $575,096 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Hodgkins Police Pension Fund lost 4.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hodgkins Police Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Hodgkins Police Pension Fund would have lost $1,713,008 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: Hodgkins pays $3.30 for every $1 pensioners contribute to Hodgkins Police Pension Fund
Taxpayers contributed 76.1 percent of the $1,533,084 the Hodgkins Police Pension Fund brought in 2018, or $3.30 for every $1 from pension members.
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Report: 58.1% of Hodgkins Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.1 percent of the Hodgkins 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 Hodgkins Police Pension Fund earns $91,417 per year
The Hodgkins Police Pension Fund had 20 active participants receiving an average salary of $91,417 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Hodgkins Police Pension Fund gained $736,842 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Hodgkins Police Pension Fund netted 5.33 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hodgkins pays $6.28 for every $1 pensioners contribute to Hodgkins Police Pension Fund
Taxpayers contributed 86.3 percent of the $1,307,054 the Hodgkins Police Pension Fund brought in last year, or $6.28 for every $1 from pension members.
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Report: 58.8% of Hodgkins Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.8 percent of the Hodgkins 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.