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Saturday, April 19, 2025

Report: Brookfield Police Pension Fund gained $814,946 in investment income in 2016

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After projecting its investments would grow by 6.75 percent, the Brookfield Police Pension Fund netted 4.91 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report detailing the health of each of the pension funds shows the Brookfield Police Pension Fund's had $15,559,332 in investment assets last year. It paid $51,289 in investment expenses and gained $814,946 in investment income.

Pension funds and retirement systems set actuarial assumptions to project returns on investments to cover obligations to pensioners. When they fall short, the difference has to be made up from other sources – primarily from taxpayers and member contributions.

Brookfield Police Pension Fund investment performance
20122013201420152016
Investment assets$12,982,310$14,397,509$14,703,900$14,563,464$15,559,332
Investment expenses$48,540$44,418$51,579$55,192$51,289
Investment income$1,100,287$1,648,572$718,240-$21,481$814,946
Net investment income to assets8.10%11.14%4.53%-0.53%4.91%
Actuarial assumption6.75%6.75%6.75%6.75%6.75%

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