Itasca Police Pension Fund
Recent News About Itasca Police Pension Fund
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Report: Itasca Police Pension Fund gained $864,958 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Itasca Police Pension Fund netted 4.9 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Itasca Police Pension Fund would go bankrupt in 18 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Itasca Police Pension Fund would have lost $870,749 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: Itasca pays $5.94 for every $1 pensioners contribute to Itasca Police Pension Fund
Taxpayers contributed 85.4 percent of the $1,367,671 the Itasca Police Pension Fund brought in 2018, or $5.94 for every $1 from pension members.
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Report: 45.8% of Itasca Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.8 percent of the Itasca Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Itasca Police Pension Fund lost $307,068 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Itasca Police Pension Fund lost 2.85 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 Itasca Police Pension Fund earns $89,906 per year
The Itasca Police Pension Fund had 22 active participants receiving an average salary of $89,906 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Itasca pays $3.21 for every $1 pensioners contribute to Itasca Police Pension Fund
Taxpayers contributed 76.3 percent of the $924,100 the Itasca Police Pension Fund brought in last year, or $3.21 for every $1 from pension members.
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Analysis: Itasca Police Pension Fund would go broke in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Itasca Police Pension Fund lost $1,712,254 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: 50.6% of Itasca Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 50.6 percent of the Itasca 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: These 3 DuPage County pension funds sustain themselves without subsidies
Pension funds in West Chicago, Naperville and Wood Dale would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Rankings: 10 worst funded pensions in DuPage County
Bensenville, Wayne and Oakbrook Terrace have government pension funds with the lowest funding levels in DuPage County, according to the Illinois Department of Insurance.
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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.