Northlake Police Pension Fund
Recent News About Northlake Police Pension Fund
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Report: Northlake Police Pension Fund lost $706,814 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Northlake Police Pension Fund lost 3.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Northlake Police Pension Fund would go bankrupt in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Northlake Police Pension Fund would have lost $2,111,182 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: Northlake pays $11.94 for every $1 pensioners contribute to Northlake Police Pension Fund
Taxpayers contributed 91.8 percent of the $4,917,712 the Northlake Police Pension Fund brought in 2018, or $11.94 for every $1 from pension members.
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Report: 67.9% of Northlake Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.9 percent of the Northlake 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 Northlake Police Pension Fund earns $90,374 per year
The Northlake Police Pension Fund had 40 active participants receiving an average salary of $90,374 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Northlake Police Pension Fund gained $731,137 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Northlake Police Pension Fund netted 4.00 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Northlake pays $3.17 for every $1 pensioners contribute to Northlake Police Pension Fund
Taxpayers contributed 75.5 percent of the $1,465,170 the Northlake Police Pension Fund brought in last year, or $3.17 for every $1 from pension members.
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Report: 60.4% of Northlake Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 60.4 percent of the Northlake 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.