Olympia Fields Police Pension Fund
Recent News About Olympia Fields Police Pension Fund View More
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Report: Olympia Fields Police Pension Fund gained $504,883 in investment income in 2018
After projecting its investments would grow by 6 percent, the Olympia Fields Police Pension Fund netted 5.2 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Olympia Fields pays $5.43 for every $1 pensioners contribute to Olympia Fields Police Pension Fund
Taxpayers contributed 84.4 percent of the $1,113,218 the Olympia Fields Police Pension Fund brought in 2018, or $5.43 for every $1 from pension members.
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Report: 38.6% of Olympia Fields Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 38.6 percent of the Olympia Fields Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Olympia Fields Police Pension Fund would go bankrupt in 18 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Olympia Fields Police Pension Fund would have lost $541,325 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: Olympia Fields Police Pension Fund gained $62,288 in investment income in 2016
After projecting its investments would grow by 6.50 percent, the Olympia Fields Police Pension Fund netted 0.56 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 Olympia Fields Police Pension Fund earns $82,654 per year
The Olympia Fields Police Pension Fund had 20 active participants receiving an average salary of $82,654 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Olympia Fields pays $4.69 for every $1 pensioners contribute to Olympia Fields Police Pension Fund
Taxpayers contributed 82.4 percent of the $922,409 the Olympia Fields Police Pension Fund brought in last year, or $4.69 for every $1 from pension members.
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Analysis: Olympia Fields Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Olympia Fields Police Pension Fund lost $846,330 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: 42.8% of Olympia Fields Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.8 percent of the Olympia Fields 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.