Lagrange Park Police Pension Fund
Recent News About Lagrange Park Police Pension Fund
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Report: Lagrange Park Police Pension Fund gained $1,136,910 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Lagrange Park Police Pension Fund netted 7.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Lagrange Park Police Pension Fund would go bankrupt in 47 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Lagrange Park Police Pension Fund would have lost $318,465 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: La Grange Park pays $4.70 for every $1 pensioners contribute to Lagrange Park Police Pension Fund
Taxpayers contributed 82.3 percent of the $1,038,080 the Lagrange Park Police Pension Fund brought in 2018, or $4.70 for every $1 from pension members.
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Report: 55% of Lagrange Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55 percent of the Lagrange 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 Lagrange Park Police Pension Fund earns $87,583 per year
The Lagrange Park Police Pension Fund had 21 active participants receiving an average salary of $87,583 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Lagrange Park Police Pension Fund lost $92,082 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Lagrange Park Police Pension Fund lost 1.13 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: La Grange Park pays $4.28 for every $1 pensioners contribute to Lagrange Park Police Pension Fund
Taxpayers contributed 81.2 percent of the $990,308 the Lagrange Park Police Pension Fund brought in last year, or $4.28 for every $1 from pension members.
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Analysis: Lagrange Park Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Lagrange Park Police Pension Fund lost $1,363,245 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: 57.1% of Lagrange Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.1 percent of the Lagrange 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: 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.