Northfield Police Pension Fund
Recent News About Northfield Police Pension Fund
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Report: Northfield Police Pension Fund gained $1,327,284 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Northfield Police Pension Fund netted 6.8 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Northfield Police Pension Fund would go bankrupt in 2536 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Northfield Police Pension Fund would have lost $7,390 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: Northfield pays $5.55 for every $1 pensioners contribute to Northfield Police Pension Fund
Taxpayers contributed 84.7 percent of the $1,356,794 the Northfield Police Pension Fund brought in 2018, or $5.55 for every $1 from pension members.
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Report: 62.5% of Northfield Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 62.5 percent of the Northfield Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Northfield Police Pension Fund lost $118,618 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Northfield Police Pension Fund lost 1.04 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 Northfield Police Pension Fund earns $105,957 per year
The Northfield Police Pension Fund had 19 active participants receiving an average salary of $105,957 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Northfield pays $7.40 for every $1 pensioners contribute to Northfield Police Pension Fund
Taxpayers contributed 88.1 percent of the $1,728,761 the Northfield Police Pension Fund brought in last year, or $7.40 for every $1 from pension members.
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Analysis: Northfield Police Pension Fund would go broke in 12 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Northfield Police Pension Fund lost $1,416,347 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: 58.4% of Northfield Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 58.4 percent of the Northfield Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.