Riverside Police Pension Fund
Recent News About Riverside Police Pension Fund
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Report: Riverside Police Pension Fund lost $440,051 in investment income in 2018
After projecting its investments would grow by 6 percent, the Riverside Police Pension Fund lost 5.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Riverside Police Pension Fund would go bankrupt in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Riverside Police Pension Fund would have lost $1,688,779 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: Riverside pays $6.97 for every $1 pensioners contribute to Riverside Police Pension Fund
Taxpayers contributed 86.9 percent of the $1,542,729 the Riverside Police Pension Fund brought in 2018, or $6.97 for every $1 from pension members.
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Report: 35.8% of Riverside Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 35.8 percent of the Riverside 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 Riverside Police Pension Fund earns $96,623 per year
The Riverside Police Pension Fund had 19 active participants receiving an average salary of $96,623 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Riverside Police Pension Fund gained $395,534 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Riverside Police Pension Fund netted 3.92 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Riverside pays $5.32 for every $1 pensioners contribute to Riverside Police Pension Fund
Taxpayers contributed 84.2 percent of the $1,144,964 the Riverside Police Pension Fund brought in last year, or $5.32 for every $1 from pension members.
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Analysis: Riverside Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Riverside Police Pension Fund lost $789,192 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: 37.1% of Riverside Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 37.1 percent of the Riverside 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.