In fiscal year 2024, the Willowbrook Police Pension Fund was ranked 322nd for underfunding among Illinois pension systems, securing just 67.3% of its promised retirement payouts with actuarial assets, data from the Illinois Department of Insurance shows.
After projecting its investments would grow by 6.5 percent, the Willowbrook Police Pension Fund netted 6.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 81.4 percent of the $1,070,484 the Willowbrook Police Pension Fund brought in 2018, or $4.37 for every $1 from pension members.
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.5 percent of the Willowbrook Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
The Willowbrook Police Pension Fund had 23 active participants receiving an average salary of $87,117 in 2016, 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 Willowbrook Police Pension Fund lost 1.28 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
Taxpayers contributed 74.9 percent of the $820,302 the Willowbrook Police Pension Fund brought in last year, or $2.98 for every $1 from pension members.
Without members and taxpayers subsidizing its revenue, Willowbrook Police Pension Fund lost $1,112,775 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, 72.4 percent of the Willowbrook Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
Government pension funds in Clarendon Hills, Lombard and Oakbrook Terrace depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.