Palos Hills Police Pension Fund
Recent News About Palos Hills Police Pension Fund View More
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Analysis: Palos Hills pays $3.80 for every $1 pensioners contribute to Palos Hills Police Pension Fund
Taxpayers contributed 79.2 percent of the $1,419,312 the Palos Hills Police Pension Fund brought in 2018, or $3.80 for every $1 from pension members.
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Report: 54.3% of Palos Hills Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.3 percent of the Palos Hills Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Palos Hills Police Pension Fund lost $159,778 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Palos Hills Police Pension Fund lost 1.26 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 Palos Hills Police Pension Fund earns $84,934 per year
The Palos Hills Police Pension Fund had 31 active participants receiving an average salary of $84,934 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Palos Hills pays $3.97 for every $1 pensioners contribute to Palos Hills Police Pension Fund
Taxpayers contributed 79.9 percent of the $1,285,729 the Palos Hills Police Pension Fund brought in last year, or $3.97 for every $1 from pension members.
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Analysis: Palos Hills Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Palos Hills Police Pension Fund lost $1,524,389 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: 56.4% of Palos Hills Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.4 percent of the Palos Hills 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.