Glenwood Police Pension Fund
Recent News About Glenwood Police Pension Fund
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Report: Glenwood Police Pension Fund gained $433,690 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Glenwood Police Pension Fund netted 4.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glenwood pays $4.71 for every $1 pensioners contribute to Glenwood Police Pension Fund
Taxpayers contributed 81.7 percent of the $1,071,065 the Glenwood Police Pension Fund brought in 2018, or $4.71 for every $1 from pension members.
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Analysis: Glenwood Police Pension Fund would go bankrupt in 38 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Glenwood Police Pension Fund would have lost $251,385 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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Report: 52.2% of Glenwood Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.2 percent of the Glenwood Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Glenwood Police Pension Fund gained $43,142 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Glenwood Police Pension Fund netted 0.28 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 Glenwood Police Pension Fund earns $75,798 per year
The Glenwood Police Pension Fund had 21 active participants receiving an average salary of $75,798 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glenwood pays $3.79 for every $1 pensioners contribute to Glenwood Police Pension Fund
Taxpayers contributed 78.9 percent of the $804,843 the Glenwood Police Pension Fund brought in last year, or $3.79 for every $1 from pension members.
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Analysis: Glenwood Police Pension Fund would go broke in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Glenwood Police Pension Fund lost $603,695 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: 53.5% of Glenwood Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.5 percent of the Glenwood 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 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.