Warrenville ranked 153rd lowest in Illinois for the largest per-household police and fire pension debt, which stood at $3,811 in fiscal year 2024, according to the Illinois Department of Insurance.
In fiscal year 2024, the Warrenville Police Pension Fund was ranked 419th among Illinois’ pension systems for underfunding, with 74.3% of its promised retirement benefits supported by actuarial assets, as reported by the Illinois Department of Insurance.
After projecting its investments would grow by 6.5 percent, the Warrenville Police Pension Fund netted 5.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 79.5 percent of the $1,424,156 the Warrenville Police Pension Fund brought in 2018, or $3.96 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 72.9 percent of the Warrenville 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 Warrenville Police Pension Fund lost 0.47 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
The Warrenville Police Pension Fund had 31 active participants receiving an average salary of $89,186 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 79.1 percent of the $1,271,071 the Warrenville Police Pension Fund brought in last year, or $3.80 for every $1 from pension members.
Without members and taxpayers subsidizing its revenue, Warrenville Police Pension Fund lost $937,317 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, 74.5 percent of the Warrenville 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.