Harwood Heights Police Pension Fund
Recent News About Harwood Heights Police Pension Fund
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Report: Harwood Heights Police Pension Fund gained $1,084,066 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Harwood Heights Police Pension Fund netted 5.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Harwood Heights Police Pension Fund would go bankrupt in 68 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Harwood Heights Police Pension Fund would have lost $266,091 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: Harwood Heights pays $3.31 for every $1 pensioners contribute to Harwood Heights Police Pension Fund
Taxpayers contributed 77.9 percent of the $1,076,088 the Harwood Heights Police Pension Fund brought in 2018, or $3.31 for every $1 from pension members.
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Report: 61.1% of Harwood Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 61.1 percent of the Harwood Heights Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Harwood Heights Police Pension Fund lost $41,665 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Harwood Heights Police Pension Fund lost 0.58 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 Harwood Heights Police Pension Fund earns $84,614 per year
The Harwood Heights Police Pension Fund had 25 active participants receiving an average salary of $84,614 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Harwood Heights pays $2.97 for every $1 pensioners contribute to Harwood Heights Police Pension Fund
Taxpayers contributed 74.8 percent of the $893,497 the Harwood Heights Police Pension Fund brought in last year, or $2.97 for every $1 from pension members.
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Analysis: Harwood Heights Police Pension Fund would go broke in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Harwood Heights Police Pension Fund lost $1,298,753 in 2016, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 65.4% of Harwood Heights Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.4 percent of the Harwood Heights 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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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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North Suburbs pension funds: Where do taxpayers contribute least?
Government pension funds in Glencoe, Prospect Heights and Barrington depended least 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.