Glendale Heights Police Pension Fund
Recent News About Glendale Heights Police Pension Fund
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Report: Glendale Heights Police Pension Fund gained $2,124,129 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Glendale Heights Police Pension Fund netted 5.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glendale Heights Police Pension Fund would go bankrupt in 154 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Glendale Heights Police Pension Fund would have lost $257,849 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glendale Heights pays $4.49 for every $1 pensioners contribute to Glendale Heights Police Pension Fund
Taxpayers contributed 81.8 percent of the $2,629,476 the Glendale Heights Police Pension Fund brought in 2018, or $4.49 for every $1 from pension members.
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Report: 62% of Glendale Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62 percent of the Glendale Heights Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Glendale Heights Police Pension Fund gained $199,849 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Glendale Heights Police Pension Fund netted 0.16 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 Glendale Heights Police Pension Fund earns $86,681 per year
The Glendale Heights Police Pension Fund had 53 active participants receiving an average salary of $86,681 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Glendale Heights pays $3.34 for every $1 pensioners contribute to Glendale Heights Police Pension Fund
Taxpayers contributed 77 percent of the $2,134,514 the Glendale Heights Police Pension Fund brought in last year, or $3.34 for every $1 from pension members.
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Analysis: Glendale Heights Police Pension Fund would go broke in 18 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Glendale Heights Police Pension Fund lost $1,931,486 in 2016, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 64% of Glendale Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 64 percent of the Glendale Heights Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: DuPage County fire, police pension funds paid $132 million, lost $7 million on investments in 2016
Sixty-five of the 66 DuPage County police and fire pension funds paid out a total of $132,496,530 in benefits to 2,355 retirees and inactive recipients in 2016 while losing $7,568,241 on their investments, according to a DuPage Policy Journal analysis of the funds' mandated financial filings with the Illinois Department of Insurance.