The Lisle Police Pension Fund faced $15,501,442 in unfunded liabilities in 2024, leaving the system 25.1% below the assets required to fulfill promised pension benefits.
After projecting its investments would grow by 6.5 percent, the Lisle Police Pension Fund netted 6.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 76.9 percent of the $1,790,653 the Lisle Police Pension Fund brought in 2018, or $3.46 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 69.2 percent of the Lisle Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
After projecting its investments would grow by 6.75 percent, the Lisle Police Pension Fund lost 0.05 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Lisle Police Pension Fund had 37 active participants receiving an average salary of $93,424 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 72.6 percent of the $1,294,125 the Lisle Police Pension Fund brought in last year, or $2.61 for every $1 from pension members.
Without members and taxpayers subsidizing its revenue, Lisle Police Pension Fund lost $1,336,030 in 2016, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 70.8 percent of the Lisle Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Pension funds in Lombard, Oakbrook Terrace and Oak Brook would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
Pension funds in Lombard, Oakbrook Terrace and Oak Brook would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
Lisle Police Pension Fund Board met at 7 p.m. Wednesday, April 26.