Park Forest Police Pension Fund
Recent News About Park Forest Police Pension Fund
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Report: Park Forest Police Pension Fund gained $1,152,010 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Park Forest 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: Park Forest pays $4.94 for every $1 pensioners contribute to Park Forest Police Pension Fund
Taxpayers contributed 83.2 percent of the $2,157,095 the Park Forest Police Pension Fund brought in 2018, or $4.94 for every $1 from pension members.
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Report: 44% of Park Forest Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44 percent of the Park 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: Park Forest Police Pension Fund would go bankrupt in 17 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Park Forest Police Pension Fund would have lost $1,250,581 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: Park Forest Police Pension Fund gained $482,765 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Park Forest Police Pension Fund netted 2.23 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 Park Forest Police Pension Fund earns $84,246 per year
The Park Forest Police Pension Fund had 42 active participants receiving an average salary of $84,246 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Park Forest pays $3.67 for every $1 pensioners contribute to Park Forest Police Pension Fund
Taxpayers contributed 78.6 percent of the $1,821,827 the Park Forest Police Pension Fund brought in last year, or $3.67 for every $1 from pension members.
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Analysis: Park Forest Police Pension Fund would go broke in 11 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Park Forest Police Pension Fund lost $1,800,676 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: 47.8% of Park Forest Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 47.8 percent of the Park 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.