Palatine Police Pension Fund
Recent News About Palatine Police Pension Fund View More
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Village of Palatine Police Pension Board met Aug. 8
Village of Palatine Police Pension Board met Tuesday, Aug. 8
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Village of Palatine Police Pension Board met Feb. 8
Village of Palatine Police Pension Board met Tuesday, Feb. 8.
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Report: Palatine Police Pension Fund lost $4,893,326 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Palatine Police Pension Fund lost 7.1 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Palatine Police Pension Fund would go bankrupt in eight years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Palatine Police Pension Fund would have lost $10,181,532 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: Palatine pays $3.69 for every $1 pensioners contribute to Palatine Police Pension Fund
Taxpayers contributed 78.7 percent of the $5,490,555 the Palatine Police Pension Fund brought in 2018, or $3.69 for every $1 from pension members.
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Report: 56.4% of Palatine Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 56.4 percent of the Palatine Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Palatine Police Pension Fund gained $4,702,108 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Palatine Police Pension Fund netted 6.68 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 Palatine Police Pension Fund earns $97,719 per year
The Palatine Police Pension Fund had 106 active participants receiving an average salary of $97,719 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Palatine pays $3.35 for every $1 pensioners contribute to Palatine Police Pension Fund
Taxpayers contributed 77 percent of the $4,595,096 the Palatine Police Pension Fund brought in last year, or $3.35 for every $1 from pension members.
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Report: 59.5% of Palatine Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 59.5 percent of the Palatine 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.