Woodridge Police Pension Fund
Recent News About Woodridge Police Pension Fund
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Report: Woodridge Police Pension Fund lost $1,379,984 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Woodridge Police Pension Fund lost 4.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Woodridge pays $5.25 for every $1 pensioners contribute to Woodridge Police Pension Fund
Taxpayers contributed 84 percent of the $2,912,851 the Woodridge Police Pension Fund brought in 2018, or $5.25 for every $1 from pension members.
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Report: 49.7% of Woodridge Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.7 percent of the Woodridge Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Woodridge Police Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Woodridge Police Pension Fund would have lost $4,997,843 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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Report: Average pensioner in Woodridge Police Pension Fund earns $93,034 per year
The Woodridge Police Pension Fund had 51 active participants receiving an average salary of $93,034 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Woodridge Police Pension Fund gained $1,587,733 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Woodridge Police Pension Fund netted 4.83 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Woodridge pays $4.46 for every $1 pensioners contribute to Woodridge Police Pension Fund
Taxpayers contributed 81.7 percent of the $2,465,003 the Woodridge Police Pension Fund brought in last year, or $4.46 for every $1 from pension members.
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Report: 54.9% of Woodridge Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.9 percent of the Woodridge Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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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.
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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.