Richton Park Police Pension Fund
Recent News About Richton Park Police Pension Fund
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Report: Richton Park Police Pension Fund gained $898,883 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Richton Park Police Pension Fund netted 5.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Richton Park pays $4.91 for every $1 pensioners contribute to Richton Park Police Pension Fund
Taxpayers contributed 83.1 percent of the $1,405,783 the Richton Park Police Pension Fund brought in 2018, or $4.91 for every $1 from pension members.
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Report: 56.1% of Richton Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.1 percent of the Richton Park Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Richton Park Police Pension Fund would go bankrupt in 37 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Richton Park Police Pension Fund would have lost $395,058 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: Richton Park Police Pension Fund lost $90,613 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Richton Park Police Pension Fund lost 1.12 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 Richton Park Police Pension Fund earns $75,832 per year
The Richton Park Police Pension Fund had 29 active participants receiving an average salary of $75,832 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Richton Park pays $2.85 for every $1 pensioners contribute to Richton Park Police Pension Fund
Taxpayers contributed 74.3 percent of the $796,249 the Richton Park Police Pension Fund brought in last year, or $2.85 for every $1 from pension members.
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Analysis: Richton Park Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Richton Park Police Pension Fund lost $1,308,578 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: 58.4% of Richton Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.4 percent of the Richton Park Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.