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Monday, February 24, 2025

Report: Streamwood Police Pension Fund lost $3,342,284 in investment income in 2018

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After projecting its investments would grow by 6.5 percent, the Streamwood Police Pension Fund lost 7.5 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.

The DOI biennial report detailing the health of each of the pension funds shows the Streamwood Police Pension Fund's had $45,373,299 in investment assets last year. It paid $66,080 in investment expenses and lost $3,342,284 in investment income.

Pension funds and retirement systems set actuarial assumptions to project returns on investments to cover obligations to pensioners. When they fall short, the difference has to be made up from other sources – primarily from taxpayers and member contributions.

Streamwood Police Pension Fund investment performance
20142015201620172018
Investment assets$41,057,155$40,694,407$44,154,457$48,715,326$45,373,299
Investment expenses$62,460$62,723$63,771$67,555$66,080
Investment income$1,420,291-$476,447$3,105,485$4,294,620-$3,342,284
Net investment income to assets3.3-1.36.98.7-7.5
Actuarial assumption6.86.86.86.56.5

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