Westmont Police Pension Fund
Recent News About Westmont Police Pension Fund
-
Report: Westmont Police Pension Fund gained $2,585,227 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Westmont Police Pension Fund netted 8.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Westmont Police Pension Fund would go bankrupt in 71 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Westmont Police Pension Fund would have lost $424,931 in 2018, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Westmont pays $5.59 for every $1 pensioners contribute to Westmont Police Pension Fund
Taxpayers contributed 84.6 percent of the $2,631,114 the Westmont Police Pension Fund brought in 2018, or $5.59 for every $1 from pension members.
-
Report: 45.4% of Westmont Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 45.4 percent of the Westmont Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: Westmont Police Pension Fund lost $190,662 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Westmont Police Pension Fund lost 1.17 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
-
Report: Average pensioner in Westmont Police Pension Fund earns $103,172 per year
The Westmont Police Pension Fund had 38 active participants receiving an average salary of $103,172 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
Analysis: Westmont pays $4.81 for every $1 pensioners contribute to Westmont Police Pension Fund
Taxpayers contributed 82.7 percent of the $2,433,981 the Westmont Police Pension Fund brought in last year, or $4.81 for every $1 from pension members.
-
Analysis: Westmont Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Westmont Police Pension Fund lost $2,838,713 in 2016, according to a DuPage Policy Journal analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
-
Report: 48.5% of Westmont Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.5 percent of the Westmont Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
-
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.
-
Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Naperville, Lisle and Elmhurst depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
-
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.