Buffalo Grove Police Pension Fund
Recent News About Buffalo Grove Police Pension Fund
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Analysis: Buffalo Grove Police Pension Fund would go bankrupt in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Buffalo Grove Police Pension Fund would have lost $6,581,603 in 2018, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Buffalo Grove pays $3.79 for every $1 pensioners contribute to Buffalo Grove Police Pension Fund
Taxpayers contributed 78.7 percent of the $3,391,481 the Buffalo Grove Police Pension Fund brought in 2018, or $3.79 for every $1 from pension members.
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Report: 67.3% of Buffalo Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.3 percent of the Buffalo Grove Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Buffalo Grove Police Pension Fund gained $3,582,393 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Buffalo Grove Police Pension Fund netted 5.70 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 Buffalo Grove Police Pension Fund earns $101,693 per year
The Buffalo Grove Police Pension Fund had 63 active participants receiving an average salary of $101,693 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Buffalo Grove pays $3.90 for every $1 pensioners contribute to Buffalo Grove Police Pension Fund
Taxpayers contributed 79 percent of the $3,076,927 the Buffalo Grove Police Pension Fund brought in last year, or $3.90 for every $1 from pension members.
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Report: 70.3% of Buffalo Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 70.3 percent of the Buffalo Grove 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 20 North Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Buffalo Grove, Palatine and Winnetka could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Illinois pension funds: Where do taxpayers contribute most?
Government pension funds in Evanston, Elgin and Arlington Heights depended most on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Analysis: North Cook County fire, police pension funds paid $195 million, lost $5 million on investments in 2016
North Cook County’s 61 police and fire pension funds paid out a total of $195,281,518 in benefits to 3,465 retirees and inactive recipients in 2016 while losing $5,495,345 on their investments, according to a North Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.