Hanover Park Police Pension Fund
Recent News About Hanover Park Police Pension Fund View More
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Report: Hanover Park Police Pension Fund lost $2,437,876 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Hanover Park Police Pension Fund lost 8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hanover Park Police Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Hanover Park Police Pension Fund would have lost $5,107,507 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: Hanover Park pays $4.52 for every $1 pensioners contribute to Hanover Park Police Pension Fund
Taxpayers contributed 81.7 percent of the $3,033,433 the Hanover Park Police Pension Fund brought in 2018, or $4.52 for every $1 from pension members.
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Report: 55% of Hanover Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 55 percent of the Hanover Park Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Hanover Park Police Pension Fund gained $2,311,012 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Hanover Park Police Pension Fund netted 7.59 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 Hanover Park Police Pension Fund earns $87,131 per year
The Hanover Park Police Pension Fund had 59 active participants receiving an average salary of $87,131 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hanover Park pays $4.13 for every $1 pensioners contribute to Hanover Park Police Pension Fund
Taxpayers contributed 80.3 percent of the $2,682,521 the Hanover Park Police Pension Fund brought in last year, or $4.13 for every $1 from pension members.
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Report: 56.3% of Hanover Park Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.3 percent of the Hanover Park 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 Hanover Park, Glenview and Elgin would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Hanover Park, Glenview and Elgin would go bankrupt first 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.