Palos Heights Police Pension Fund
Recent News About Palos Heights Police Pension Fund
-
Report: Palos Heights Police Pension Fund lost $890,381 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Palos Heights Police Pension Fund lost 4.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Palos Heights pays $6.67 for every $1 pensioners contribute to Palos Heights Police Pension Fund
Taxpayers contributed 87.1 percent of the $2,056,000 the Palos Heights Police Pension Fund brought in 2018, or $6.67 for every $1 from pension members.
-
Report: 52.7% of Palos Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.7 percent of the Palos Heights Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Palos Heights Police Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Palos Heights Police Pension Fund would have lost $2,716,064 in 2018, according to a South Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Palos Heights Police Pension Fund gained $1,157,615 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Palos Heights Police Pension Fund netted 6.13 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in Palos Heights Police Pension Fund earns $94,692 per year
The Palos Heights Police Pension Fund had 27 active participants receiving an average salary of $94,692 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Palos Heights pays $5.55 for every $1 pensioners contribute to Palos Heights Police Pension Fund
Taxpayers contributed 84.7 percent of the $1,689,084 the Palos Heights Police Pension Fund brought in last year, or $5.55 for every $1 from pension members.
-
Report: 52.2% of Palos Heights 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 Palos Heights Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
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.