Hoffman Estates Police Pension Fund
Recent News About Hoffman Estates Police Pension Fund
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Report: Hoffman Estates Police Pension Fund lost $6,517,777 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Hoffman Estates Police Pension Fund lost 9.3 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Hoffman Estates Police Pension Fund would go bankrupt in six years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Hoffman Estates Police Pension Fund would have lost $12,680,930 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: Schaumburg pays $4.10 for every $1 pensioners contribute to Hoffman Estates Police Pension Fund
Taxpayers contributed 79.9 percent of the $4,452,262 the Hoffman Estates Police Pension Fund brought in 2018, or $4.10 for every $1 from pension members.
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Report: 53.1% of Hoffman Estates Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 53.1 percent of the Hoffman Estates Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Hoffman Estates Police Pension Fund gained $6,165,660 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Hoffman Estates Police Pension Fund netted 8.54 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 Hoffman Estates Police Pension Fund earns $93,431 per year
The Hoffman Estates Police Pension Fund had 88 active participants receiving an average salary of $93,431 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Schaumburg pays $3.97 for every $1 pensioners contribute to Hoffman Estates Police Pension Fund
Taxpayers contributed 80.1 percent of the $4,029,179 the Hoffman Estates Police Pension Fund brought in last year, or $3.97 for every $1 from pension members.
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Report: 59.1% of Hoffman Estates Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 59.1 percent of the Hoffman Estates 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.