Oakbrook Terrace Police Pension Fund
Recent News About Oakbrook Terrace Police Pension Fund View More
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Report: Oakbrook Terrace Police Pension Fund gained $1,140,272 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Oakbrook Terrace Police Pension Fund netted 8.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oakbrook Terrace Police Pension Fund would go bankrupt in 93 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Oakbrook Terrace Police Pension Fund would have lost $137,800 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: Oakbrook Terrace pays $6.07 for every $1 pensioners contribute to Oakbrook Terrace Police Pension Fund
Taxpayers contributed 85.9 percent of the $1,210,940 the Oakbrook Terrace Police Pension Fund brought in 2018, or $6.07 for every $1 from pension members.
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Report: 53.4% of Oakbrook Terrace Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.4 percent of the Oakbrook Terrace Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Oakbrook Terrace Police Pension Fund lost $23,348 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Oakbrook Terrace Police Pension Fund lost 0.75 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 Oakbrook Terrace Police Pension Fund earns $89,452 per year
The Oakbrook Terrace Police Pension Fund had 20 active participants receiving an average salary of $89,452 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Oakbrook Terrace pays $4 for every $1 pensioners contribute to Oakbrook Terrace Police Pension Fund
Taxpayers contributed 80 percent of the $1,140,082 the Oakbrook Terrace Police Pension Fund brought in last year, or $4 for every $1 from pension members.
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Analysis: Oakbrook Terrace Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Oakbrook Terrace Police Pension Fund lost $1,127,512 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: 52.6% of Oakbrook Terrace Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.6 percent of the Oakbrook Terrace Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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.