Park Ridge Police Pension Fund
Recent News About Park Ridge Police Pension Fund
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Analysis: Park Ridge Police Pension Fund would go bankrupt in 1025 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Park Ridge Police Pension Fund would have lost $47,402 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: Park Ridge pays $4.34 for every $1 pensioners contribute to Park Ridge Police Pension Fund
Taxpayers contributed 81.3 percent of the $2,771,632 the Park Ridge Police Pension Fund brought in 2018, or $4.34 for every $1 from pension members.
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Report: 62.5% of Park Ridge 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 Park Ridge Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Park Ridge Police Pension Fund gained $372,290 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Park Ridge Police Pension Fund netted 0.54 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 Park Ridge Police Pension Fund earns $87,403 per year
The Park Ridge Police Pension Fund had 52 active participants receiving an average salary of $87,403 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Park Ridge pays $4.19 for every $1 pensioners contribute to Park Ridge Police Pension Fund
Taxpayers contributed 80.8 percent of the $2,509,804 the Park Ridge Police Pension Fund brought in last year, or $4.19 for every $1 from pension members.
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Analysis: Park Ridge Police Pension Fund would go broke in 15 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Park Ridge Police Pension Fund lost $2,891,136 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: 65.3% of Park Ridge Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 65.3 percent of the Park Ridge Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Park Ridge Police Pension Fund Board met April 24.
Park Ridge Police Pension Fund Board will meet at 10 a.m. Tuesday, April 24.
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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.