Westchester Police Pension Fund
Recent News About Westchester Police Pension Fund
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Report: Westchester Police Pension Fund gained $1,952,171 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Westchester Police Pension Fund netted 7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Westchester Police Pension Fund would go bankrupt in 74 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Westchester Police Pension Fund would have lost $366,425 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: Westchester pays $3.50 for every $1 pensioners contribute to Westchester Police Pension Fund
Taxpayers contributed 77.2 percent of the $1,209,883 the Westchester Police Pension Fund brought in 2018, or $3.50 for every $1 from pension members.
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Report: 58.3% of Westchester Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.3 percent of the Westchester 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 Westchester Police Pension Fund earns $87,689 per year
The Westchester Police Pension Fund had 28 active participants receiving an average salary of $87,689 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Westchester Police Pension Fund lost $276,127 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Westchester Police Pension Fund lost 1.48 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Westchester pays $3.86 for every $1 pensioners contribute to Westchester Police Pension Fund
Taxpayers contributed 79.4 percent of the $1,255,048 the Westchester Police Pension Fund brought in last year, or $3.86 for every $1 from pension members.
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Analysis: Westchester Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Westchester Police Pension Fund lost $2,454,626 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: 62.7% of Westchester Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62.7 percent of the Westchester 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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Rankings: 10 best funded pensions in West Suburbs
Western Springs, Northlake and Berwyn have government pension funds with the highest funding levels in West Suburbs, according 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.
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Westchester Police Pension Fund Board of Trustees met April 18.
Westchester Police Pension Fund Board of Trustees met at 6 p.m. Tuesday, April 18.