Oak Forest Police Pension Fund
Recent News About Oak Forest Police Pension Fund
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City of Oak Forest Police Pension Fund Board of Trustees met May 18
City of Oak Forest Police Pension Fund Board of Trustees met Thursday, May 18
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Report: Oak Forest Police Pension Fund gained $1,598,674 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Oak Forest Police Pension Fund netted 5.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Forest pays $4.96 for every $1 pensioners contribute to Oak Forest Police Pension Fund
Taxpayers contributed 82.9 percent of the $2,214,512 the Oak Forest Police Pension Fund brought in 2018, or $4.96 for every $1 from pension members.
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Report: 57.9% of Oak Forest Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 57.9 percent of the Oak Forest Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Forest Police Pension Fund would go bankrupt in 35 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Oak Forest Police Pension Fund would have lost $828,031 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: Oak Forest Police Pension Fund lost $474,171 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Oak Forest Police Pension Fund lost 2.55 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 Oak Forest Police Pension Fund earns $85,070 per year
The Oak Forest Police Pension Fund had 42 active participants receiving an average salary of $85,070 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oak Forest pays $4.09 for every $1 pensioners contribute to Oak Forest Police Pension Fund
Taxpayers contributed 80.6 percent of the $1,773,669 the Oak Forest Police Pension Fund brought in last year, or $4.09 for every $1 from pension members.
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Analysis: Oak Forest Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Oak Forest Police Pension Fund lost $2,635,257 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: 61.1% of Oak Forest Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 61.1 percent of the Oak Forest 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.