After projecting its investments would grow by 6.75 percent, the Oak Brook Police Pension Fund netted 6.54 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Oak Brook Police Pension Fund had 40 active participants receiving an average salary of $95,741 in 2016, according to 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, 62.3 percent of the Oak Brook Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 82.6 percent of the $2,355,414 the Oak Brook Police Pension Fund brought in 2018, or $4.74 for every $1 from pension members.
Without members and taxpayers subsidizing its revenue, the Oak Brook Police Pension Fund would have lost $4,972,201 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
After projecting its investments would grow by 6.5 percent, the Oak Brook Police Pension Fund lost 6.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
The Oak Brook Police Pension Fund recorded $29,319,784 in unfunded liabilities for 2024, putting it 36.8% below the assets necessary to meet all retirement obligations.
Oak Brook ranked second highest in Illinois for the largest per-household police and fire pension debt, which stood at $42,916 in fiscal year 2024, according to the Illinois Department of Insurance.