Island Lake Police Pension Fund
Recent News About Island Lake Police Pension Fund View More
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Report: Island Lake Police Pension Fund gained $181,297 in investment income in 2018
After projecting its investments would grow by 5.8 percent, the Island Lake Police Pension Fund netted 4.7 percent on its investments in 2018, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Island Lake Police Pension Fund would go bankrupt in 13 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Island Lake Police Pension Fund would have lost $284,391 in 2018, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Island Lake pays $2.90 for every $1 pensioners contribute to Island Lake Police Pension Fund
Taxpayers contributed 74.4 percent of the $327,316 the Island Lake Police Pension Fund brought in 2018, or $2.90 for every $1 from pension members.
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Report: 44.4% of Island Lake Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 44.4 percent of the Island Lake Police Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Island Lake Police Pension Fund Board met January 29
Island Lake Police Pension Fund Board met Wednesday, Jan. 29.
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Report: Average pensioner in Island Lake Police Pension Fund earns $73,968 per year
The Island Lake Police Pension Fund had 12 active participants receiving an average salary of $73,968 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Island Lake Police Pension Fund gained $21,835 in investment income in 2016
After projecting its investments would grow by 6.00 percent, the Island Lake Police Pension Fund netted 0.38 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Island Lake pays $1.90 for every $1 pensioners contribute to Island Lake Police Pension Fund
Taxpayers contributed 65.5 percent of the $381,246 the Island Lake Police Pension Fund brought in last year, or $1.90 for every $1 from pension members.
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Analysis: Island Lake Police Pension Fund would go broke in 10 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, Island Lake Police Pension Fund lost $358,452 in 2016, according to a Lake County Gazette analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: 48.7% of Island Lake Police Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 48.7 percent of the Island Lake Police Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Lake County pension funds: Where do taxpayers contribute least?
Government pension funds in Lakemoor, Lake Villa and Highwood depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.