Niles Police Pension Fund
Recent News About Niles Police Pension Fund
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Report: Niles Police Pension Fund gained $2,187,379 in investment income in 2018
After projecting its investments would grow by 6.3 percent, the Niles Police Pension Fund netted 6.6 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Niles Police Pension Fund would go bankrupt in 15 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Niles Police Pension Fund would have lost $2,250,657 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: Niles pays $6.72 for every $1 pensioners contribute to Niles Police Pension Fund
Taxpayers contributed 86.9 percent of the $4,230,139 the Niles Police Pension Fund brought in 2018, or $6.72 for every $1 from pension members.
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Report: 36% of Niles Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 36 percent of the Niles Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Niles Police Pension Fund gained $135,737 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Niles Police Pension Fund netted 0.33 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 Niles Police Pension Fund earns $100,818 per year
The Niles Police Pension Fund had 53 active participants receiving an average salary of $100,818 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Niles pays $5.48 for every $1 pensioners contribute to Niles Police Pension Fund
Taxpayers contributed 84.5 percent of the $3,852,265 the Niles Police Pension Fund brought in last year, or $5.48 for every $1 from pension members.
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Analysis: Niles Police Pension Fund would go broke in seven years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Niles Police Pension Fund lost $4,012,820 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: 39.3% of Niles Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 39.3 percent of the Niles 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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Rankings: 10 worst funded pensions in North Suburbs
Glencoe, Niles and Rolling Meadows have government pension funds with the lowest funding levels in North Suburbs, according to the Illinois Department of Insurance.
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Rankings: 100 worst funded pensions in Illinois
Glencoe and Niles have government pension funds with the lowest funding levels in Illinois, according to the Illinois Department of Insurance.