Calumet Park Police Pension Fund
Recent News About Calumet Park Police Pension Fund
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Analysis: Calumet Park pays $4.51 for every $1 pensioners contribute to Calumet Park Police Pension Fund
Taxpayers contributed 81.9 percent of the $727,235 the Calumet Park Police Pension Fund brought in 2018, or $4.51 for every $1 from pension members.
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Report: 45.9% of Calumet Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.9 percent of the Calumet Park Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Calumet Park Police Pension Fund lost $32,430 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Calumet Park Police Pension Fund lost 0.54 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 Calumet Park Police Pension Fund earns $75,953 per year
The Calumet Park Police Pension Fund had 16 active participants receiving an average salary of $75,953 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Calumet Park pays $5.22 for every $1 pensioners contribute to Calumet Park Police Pension Fund
Taxpayers contributed 83.9 percent of the $793,005 the Calumet Park Police Pension Fund brought in last year, or $5.22 for every $1 from pension members.
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Analysis: Calumet Park Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Calumet Park Police Pension Fund lost $917,615 in 2016, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 48.5% of Calumet Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.5 percent of the Calumet Park 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: 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.