Morton Grove Police Pension Fund
Recent News About Morton Grove Police Pension Fund View More
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Report: Morton Grove Police Pension Fund lost $1,189,006 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Morton Grove Police Pension Fund lost 3.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Morton Grove Police Pension Fund would go bankrupt in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Morton Grove Police Pension Fund would have lost $4,950,935 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: Morton Grove pays $5.79 for every $1 pensioners contribute to Morton Grove Police Pension Fund
Taxpayers contributed 85.1 percent of the $3,167,124 the Morton Grove Police Pension Fund brought in 2018, or $5.79 for every $1 from pension members.
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Report: 49.6% of Morton Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 49.6 percent of the Morton 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: Average pensioner in Morton Grove Police Pension Fund earns $94,860 per year
The Morton Grove Police Pension Fund had 46 active participants receiving an average salary of $94,860 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Morton Grove Police Pension Fund gained $2,284,047 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Morton Grove Police Pension Fund netted 6.94 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Morton Grove pays $4.86 for every $1 pensioners contribute to Morton Grove Police Pension Fund
Taxpayers contributed 82.2 percent of the $2,541,953 the Morton Grove Police Pension Fund brought in last year, or $4.86 for every $1 from pension members.
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Report: 52.9% of Morton Grove Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 52.9 percent of the Morton 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 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.