Burbank Police Pension Fund
Recent News About Burbank Police Pension Fund
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Analysis: Burbank pays $3.93 for every $1 pensioners contribute to Burbank Police Pension Fund
Taxpayers contributed 78.9 percent of the $2,144,679 the Burbank Police Pension Fund brought in 2018, or $3.93 for every $1 from pension members.
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Report: 63.9% of Burbank Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63.9 percent of the Burbank Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Burbank Police Pension Fund gained $2,326,856 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Burbank Police Pension Fund netted 5.90 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Burbank Police Pension Fund earns $87,336 per year
The Burbank Police Pension Fund had 46 active participants receiving an average salary of $87,336 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Burbank pays $2.30 for every $1 pensioners contribute to Burbank Police Pension Fund
Taxpayers contributed 71.6 percent of the $1,379,902 the Burbank Police Pension Fund brought in last year, or $2.30 for every $1 from pension members.
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Report: 70.3% of Burbank Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 70.3 percent of the Burbank 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 South Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Palos Heights, Burbank and La Grange 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 Palos Heights, Burbank and La Grange 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: South Cook County fire, police pension funds paid $100 million, lost $5 million on investments in 2016
Seventy-five of South Cook County’s 80 police and fire pension funds paid out a total of $100.2 million in benefits to 1,979 retirees and inactive recipients in 2016 while losing $5,109,268 on their investments, according to a South Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.