Wayne Police Pension Fund
Recent News About Wayne Police Pension Fund
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Report: Wayne Police Pension Fund gained $45,539 in investment income in 2018
After projecting its investments would grow by 5 percent, the Wayne Police Pension Fund netted 2.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Wayne Police Pension Fund would go bankrupt in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Wayne Police Pension Fund would have lost $174,326 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: Wayne pays $12.46 for every $1 pensioners contribute to Wayne Police Pension Fund
Taxpayers contributed 92.5 percent of the $225,676 the Wayne Police Pension Fund brought in 2018, or $12.46 for every $1 from pension members.
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Report: 42.4% of Wayne Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 42.4 percent of the Wayne Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Wayne Police Pension Fund earns $69,012 per year
The Wayne Police Pension Fund had 5 active participants receiving an average salary of $69,012 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Wayne Police Pension Fund gained $6,081 in investment income in 2016
After projecting its investments would grow by 5.00 percent, the Wayne Police Pension Fund netted 0.32 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Wayne pays $6.10 for every $1 pensioners contribute to Wayne Police Pension Fund
Taxpayers contributed 85.9 percent of the $242,904 the Wayne Police Pension Fund brought in last year, or $6.10 for every $1 from pension members.
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Analysis: Wayne Police Pension Fund would go broke in 20 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Wayne Police Pension Fund lost $96,688 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: 46% of Wayne Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 46 percent of the Wayne Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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DuPage County pension funds: Where do taxpayers contribute least?
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.
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Illinois pension funds: Where do taxpayers contribute least?
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.
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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.