Chicago Heights Police Pension Fund
Recent News About Chicago Heights Police Pension Fund View More
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Report: Chicago Heights Police Pension Fund gained $4,099,426 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Chicago Heights Police Pension Fund netted 8.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Chicago Heights Police Pension Fund would go bankrupt in 32 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Chicago Heights Police Pension Fund would have lost $1,522,229 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Chicago Heights pays $4.13 for every $1 pensioners contribute to Chicago Heights Police Pension Fund
Taxpayers contributed 80.3 percent of the $3,623,348 the Chicago Heights Police Pension Fund brought in 2018, or $4.13 for every $1 from pension members.
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Report: 44.5% of Chicago Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.5 percent of the Chicago Heights Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Chicago Heights Police Pension Fund lost $429,115 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Chicago Heights Police Pension Fund lost 1.33 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 Chicago Heights Police Pension Fund earns $83,772 per year
The Chicago Heights Police Pension Fund had 80 active participants receiving an average salary of $83,772 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Chicago Heights pays $3.77 for every $1 pensioners contribute to Chicago Heights Police Pension Fund
Taxpayers contributed 78.9 percent of the $3,203,965 the Chicago Heights Police Pension Fund brought in last year, or $3.77 for every $1 from pension members.
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Analysis: Chicago Heights Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Chicago Heights Police Pension Fund lost $4,757,955 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: 48.8% of Chicago Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.8 percent of the Chicago Heights Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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South Suburbs pension funds: Where do taxpayers contribute most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Calumet City, Oak Lawn and Orland Park depended most on taxpayer contributions to make ends meet in 2016, according 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.