Wheeling Police Pension Fund
Recent News About Wheeling Police Pension Fund
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Village of Wheeling Police Pension Fund Board of Trustees met April 6
Village of Wheeling Police Pension Fund Board of Trustees met Wednesday, April 6.
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Report: Wheeling Police Pension Fund lost $2,092,017 in investment income in 2018
After projecting its investments would grow by 6.5 percent, the Wheeling Police Pension Fund lost 4.4 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Wheeling Police Pension Fund would go bankrupt in nine years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Wheeling Police Pension Fund would have lost $5,666,158 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: Wheeling pays $3.49 for every $1 pensioners contribute to Wheeling Police Pension Fund
Taxpayers contributed 78.2 percent of the $2,513,422 the Wheeling Police Pension Fund brought in 2018, or $3.49 for every $1 from pension members.
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Report: 63% of Wheeling Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 63 percent of the Wheeling Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Wheeling Police Pension Fund gained $2,439,904 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Wheeling Police Pension Fund netted 5.00 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 Wheeling Police Pension Fund earns $95,945 per year
The Wheeling Police Pension Fund had 60 active participants receiving an average salary of $95,945 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Wheeling pays $3.36 for every $1 pensioners contribute to Wheeling Police Pension Fund
Taxpayers contributed 74.1 percent of the $2,594,885 the Wheeling Police Pension Fund brought in last year, or $3.36 for every $1 from pension members.
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Report: 67.8% of Wheeling Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 67.8 percent of the Wheeling 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 Hanover Park, Glenview and Elgin would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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Analysis: These 200 Illinois pension funds would go bankrupt fastest without subsidies
Pension funds in Hanover Park, Glenview and Elgin would go bankrupt first without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.