Norridge Police Pension Fund
Recent News About Norridge Police Pension Fund
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Report: Norridge Police Pension Fund gained $3,162,176 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Norridge Police Pension Fund netted 11 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Norridge pays $3.26 for every $1 pensioners contribute to Norridge Police Pension Fund
Taxpayers contributed 76.6 percent of the $1,512,267 the Norridge Police Pension Fund brought in 2018, or $3.26 for every $1 from pension members.
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Report: 54.4% of Norridge Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 54.4 percent of the Norridge Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Norridge Police Pension Fund lost $399,345 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Norridge Police Pension Fund lost 2.26 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 Norridge Police Pension Fund earns $89,261 per year
The Norridge Police Pension Fund had 38 active participants receiving an average salary of $89,261 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Norridge pays $3.31 for every $1 pensioners contribute to Norridge Police Pension Fund
Taxpayers contributed 76.8 percent of the $1,412,446 the Norridge Police Pension Fund brought in last year, or $3.31 for every $1 from pension members.
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Analysis: Norridge Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Norridge Police Pension Fund lost $2,473,474 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: 58.8% of Norridge Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.8 percent of the Norridge 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.