River Grove Police Pension Fund
Recent News About River Grove Police Pension Fund
-
Report: Average pensioner in River Grove Police Pension Fund earns $83,644 per year
The River Grove Police Pension Fund had 23 active participants receiving an average salary of $83,644 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: River Grove Police Pension Fund gained $70,406 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the River Grove Police Pension Fund netted 0.68 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: River Grove pays $5.84 for every $1 pensioners contribute to River Grove Police Pension Fund
Taxpayers contributed 85.4 percent of the $1,306,297 the River Grove Police Pension Fund brought in last year, or $5.84 for every $1 from pension members.
-
Analysis: River Grove Police Pension Fund would go broke in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, River Grove Police Pension Fund lost $1,053,056 in 2016, according to a West Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: 33.1% of River Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 33.1 percent of the River Grove Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Rankings: 10 worst funded pensions in West Suburbs
Chicago, Lyons and Stone Park have government pension funds with the lowest funding levels in West Suburbs, according to the Illinois Department of Insurance.
-
Rankings: 100 worst funded pensions in Illinois
Chicago, Lyons and Stone Park have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.
-
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.